The United States and China are poised to extend their current tariff truce by another 90 days as top 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 hopes of paving the way for a potential summit between President Trump and President Xi later this year. Key issues include China's export dependence, trade imbalances, and broader economic cooperation. The extension is seen as a move to maintain stability in global markets and supply chains while negotiations continue. Both sides appear cautiously optimistic, but significant challenges remain before a comprehensive deal can be reached.
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