US and Chinese officials ended two days of talks in Stockholm agreeing to work toward extending their 90-day tariff truce, due to expire August 12, according to Firstpost.
China’s Li Chenggang called the discussions constructive, while US Treasury Secretary Scott Bessent said any extension depends on President Donald Trump.
Talks focused on trade terms, rare earths, and strategic industries. The US also raised concerns over China’s ties with Russia and Iran.
Both sides stressed the importance of stable economic ties, with Bessent saying the goal isn’t to “de-couple,” but to reduce risks in key sectors, Firstpost reported.
