ریاستہائے متحدہ اور چین کی جلدی سے ٹیرف ٹروس کو بڑھانے کی دوڑ جیسا کہ اگست کی میعاد نزدیک آرہی ہے

The United States and China are set to resume high-stakes trade talks in Stockholm next week, with both sides aiming to extend the current pause on steep tariffs before the August 1 deadline. US Treasury Secretary Scott Bessent has indicated that the Trump administration is prioritizing the quality of trade agreements over speed, but is willing to extend the tariff deadline to allow for further negotiations. The talks come amid a flurry of new US trade deals with other countries and threats of higher tariffs on nations that fail to reach agreements. While some tariffs are still set to take effect on August 1, officials remain optimistic that a deal with China can be reached or the deadline postponed. The outcome of these negotiations will have significant implications for global markets and international trade relations.