US-China commerce struggle ceasefire extension talks began Monday, anticipated to proceed Tuesday

Senior U.S. and Chinese language officers met in Stockholm on Monday for over 5 hours of negotiations geared toward extending the present tariff truce by one other 90 days.

• The talks, held on the Swedish prime minister’s workplace, concerned U.S. Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng main their respective sides.
• Each are working to resolve key commerce and expertise disputes, with China searching for aid from U.S. tariffs and curbs on tech exports.

The talks are set to proceed Tuesday, with analysts suggesting a possible Trump–Xi summit might assist ease tensions. The 2 international locations face an August 12 deadline to finalise a longer-term settlement following preliminary offers struck in Might and June.

Negotiators left Monday’s session with out remark.

On the premise that ‘no information is nice information’ I nonetheless anticipate the truce to increase for an additional quarter.

This text was written by Aaron Cutchburt at investinglive.com.