Top US and Chinese economic officials are meeting in Stockholm to negotiate an extension of their current tariff truce, which is set to expire soon. Multiple reports indicate that both sides are expected to agree on a 90-day extension, delaying the imposition of new tariffs on billions of dollars in goods. The talks aim to address longstanding economic disputes, including China's export dependence and broader trade imbalances. This extension is seen as a move to stabilize global markets and pave the way for a potential summit between President Trump and President Xi later this year. While optimism is growing, significant challenges remain before a comprehensive trade deal can be reached.
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