China and US agree to extend tariff pauses
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Chinese and US delegations met for their second day of trade negotiations in Stockholm, with both sides said to be aiming to extend a truce due to end in two weeks' time.The 90-day truce is meant to end on August 12.
U.S. and Chinese officials are meeting in Stockholm to discuss trade tariffs and a potential summit between their leaders. U.S.
STOCKHOLM (Reuters) -Top U.S. and Chinese economic officials arrived on Tuesday at the venue where they are conducting their latest bilateral round of trade negotiations, this time held in Stockholm,
The US and China concluded two days of trade negotiations in Stockholm on Tuesday. They were trying to reach an agreement ahead of a deadline on August 12.
The Stockholm meeting — following similar talks in Geneva and London in recent months — is set to extend a 90-day pause on those tariffs. During the pause, U.S. tariffs were lowered to 30% on Chinese goods, and China set a 10% tariff on U.S. products.