US commerce delegation arrives for commerce talks with China

The commerce delegation has arrived in Stockholm for commerce talks with China.

• They’re anticipated to take care of present tariff ranges whereas laying the groundwork for a possible Trump-Xi summit later this yr.
• Talks are being led by Treasury Secretary Bessent and China Vice Premier He Lifeng
• Focus will on structural points like market entry, industrial overcapacity, and fentanyl-related commerce tensions.

Whereas no main breakthrough is anticipated, either side hope to form a restricted settlement—presumably tied to China’s steps on fentanyl and future funding commitments—in trade for partial tariff reduction. A broader deal stays unsure, with Beijing additionally eyeing U.S. concessions on army presence and tech export controls.

This text was written by Emma Wang at investinglive.com.