The United States and China are poised to extend their current tariff truce by another 90 days as senior officials from both countries meet in Stockholm for a new round of trade negotiations. The talks aim to prevent the reimposition of higher tariffs and address longstanding economic disputes, with both sides seeking to stabilize their trade relationship. Key issues on the table include China's export dependence, tariff rates, and broader economic imbalances. The extension is seen as a positive step toward maintaining global supply chain stability and could pave the way for a potential summit between President Trump and President Xi later this year. Observers remain cautiously optimistic that this pause will provide momentum for a more comprehensive trade agreement.
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