US Treasury Secretary Scott Bessent has announced that he will meet with Chinese officials in Stockholm next week to discuss extending the deadline for increased tariffs on Chinese goods.
The talks come as the August 1 deadline for higher tariffs looms, but both sides signal a willingness to continue negotiations and possibly roll forward the deadline by 90 days. While the US is striking trade deals with other countries, the focus remains on securing a high-quality agreement with China rather than rushing to meet the deadline. The negotiations may also expand to cover issues like China's purchases of oil from Russia and Iran.
Despite ongoing tensions, business groups and officials are optimistic that a US-China trade deal will eventually be reached.
.Here are the top political news stories for today.
Be the first to reply to this general discussion.
Join in on more popular conversations.
