US and Chinese negotiators are set to meet in Stockholm to discuss extending their tariff truce, aiming for a potential pause extension of 90 days. This new round of talks comes as both countries look to ease tensions and pave the way for a meeting between President Trump and Xi Jinping later this year. Market analysts express mixed sentiments as traders await further details on the negotiations. Treasury Secretary Bessent hinted at a favorable outcome, noting progress in US-China relations, while also indicating that discussions might touch on broader topics including China’s dealings with Russia and Iran. As hopes rise for a lasting agreement, the extended truce could help stabilize global trade dynamics amidst ongoing challenges.