Top US and Chinese officials are meeting in Stockholm for a new round of trade negotiations, with strong indications that the current tariff truce will be extended by another 90 days. The talks aim to prevent the reimposition of steep tariffs on billions of dollars in goods as an August deadline approaches. Both sides are also expected to address longstanding economic disputes, including China's export dependence and broader trade imbalances. The extension is seen as a move to stabilize markets and pave the way for a potential summit between President Trump and President Xi later this year. While optimism is rising, significant challenges remain before a comprehensive trade deal can be reached.
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