U.S. and China to talk trade in Stockholm
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Top trade officials from China and the United States have arrived in Stockholm for a new round of talks aimed at easing trade tensions. U.S. Treasury Secretary Scott Bessent and Chinese Vice
Both sides have agreed to maintain the current tariff rates, with the US continuing to impose a 30 per cent tariff on Chinese goods, and China maintaining a 10 per cent tariff on American products.
Chinese and US delegations met for their second day of trade negotiations in Stockholm, with both sides said to be aiming to extend a truce due to end in two weeks' time.The 90-day truce is meant to end on August 12.
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