US-China trade talks in Sweden ended without a truce extension, as President Trump's approval is needed. Treasury Secretary Bessent reported a positive meeting but warned of tariff increases to April levels if no extension is reached by August 12th. Further talks are scheduled in 90 days. Negative investor sentiment followed the news, although some companies showed positive signs. Economic uncertainty remains, with the Federal Reserve's policy meeting and key economic data releases this week.
Prepared by Christopher Adams and reviewed by editorial team.
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