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U.S. and China to resume tariff talks on Monday in effort to extend truce
Senior U.S. and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the center of the countries’ trade war, aiming to extend a truce keeping sharply higher tariffs at bay. China is facing an Aug. 12 deadline to reach a durable tariff agreement with President Donald Trump’s administration, after Beijing and Washington reached a preliminary deal in June to end weeks of escalating tit-for-tat tariffs. Without an agreement, global supply chains could face renewed turmoil from duties exceeding 100%. The Stockholm talks, led by U.S. Treasury Secretary Scott Bessent and Chinese ... (full story)
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CHINA, US TO EXTEND TARIFF PAUSE AT SWEDEN TALKS BY ANOTHER 90 DAYS- SCMP
China, US to extend tariff pause at Sweden talks by another 90 days: sources Beijing and Washington are expected to extend their tariff truce by another three months at trade talks in Stockholm beginning on Monday, according to sources close to the matter on both sides. China and the United States agreed in May to remove most of the heavy tariffs levied on each others goods for 90 days while continuing trade negotiations. That suspension is set to expire on August 12. During the third round of trade negotiations between the worlds two biggest economies, both will expound their views on major sticking points such as the US concerns over Chinas industrial overcapacity rather than achieve specific breakthroughs, the sources said. One source said that, during the expected 90-day extension, the two nations will commit to not impose additional tariffs on each other, nor escalate the trade war by other means.
*TRUMP: WE HAVE REACHED A DEAL WITH EU *TRUMP ON EU: BIGGEST DEAL EVER REACHED *TRUMP: EU WILL AGREE TO BUY US 750B WORTH OF ENERGY *TRUMP: EU AGREES TO OPEN UP COUNTRIES TO TRADE AT 0% TARIFF Trump: We will impose a 15% customs duty on the European Union
From cnbc.com | Jul 28, 2025
U.S. Trade Representative Jamieson Greer said Monday that Chinas willingness to hold trade talks with the United States this week is a good sign, but he is not expecting any enormous breakthrough. I dont expect some kind of enormous breakthrough today, what I expect is continued monitoring and checking in on the implementation of our agreement thus ...