Senior US and Chinese negotiators met in Stockholm to address ongoing trade disputes and potentially extend a truce on high tariffs. The meeting, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, aims to prevent further escalation before a potential Trump-Xi Jinping meeting later this year. A key deadline looms on August 12th for a lasting tariff agreement. While breakthroughs are unlikely, the talks aim to improve conditions for future negotiations and avoid renewed global supply chain disruptions.

Prepared by Christopher Adams and reviewed by editorial team.