Will US-China Trade Talks Lead to Extended Tariff Truce?

Recent trade discussions between the United States and China in Stockholm have sparked anticipation regarding a potential extension of their tariff pause. US Treasury Secretary Scott Bessent described the talks as constructive, emphasizing ongoing communication about economic concerns.

President Trump indicated that he would be briefed on the negotiations and hinted at a possible meeting with President Xi Jinping. As the initial 90-day tariff truce approaches its expiration on August 12, both nations are contemplating an extension.

This comes amid broader trade dynamics, including a recent agreement with the European Union that involves new tariffs on imports. The evolving situation highlights the complexities of international trade relations and the ongoing efforts to navigate economic challenges.