The US and China have resumed talks in Sweden, aiming to extend the current tariff truce as both sides seek to ease trade tensions. Despite the absence of a concrete deal following recent discussions, negotiators express optimism for a possible extension. Trump has emphasized that he will have the final say on any agreement, with approval needed to officially prolong the tariff pause. The IMF has warned about potential risks to the global economy tied to these trade negotiations. Observers are also speculating about a possible Trump-Xi meeting as both countries work towards a more amicable relationship.