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News in English (USA) / 28.07.2025 / 01:00

US and China Set to Extend Trade Truce During Upcoming Talks in Sweden

In a significant step towards maintaining stability in their trade relationship, the United States and China are poised to extend their tariff truce by another 90 days during forthcoming negotiations in Sweden. Both nations aim to resume talks next week, with hopes that an agreement can be reached to navigate ongoing economic tensions. Reports suggest that the discussions will focus on various issues, including the potential for China to reduce export dependence and the implications of U.S. tariffs. The evolving dynamics of these talks could play a crucial role in shaping global trade, as both countries seek to bridge differences through dialogue and cooperation.
Reuters, CNBC, CNN, Bloomberg, South China Morning Post, "Barrons", AP News, The Budget Lab at Yale, Times of India, Financial Times