4 days ago
U.S. and China likely to extend trade truce to delay sky-high tariffs
The United States and China are set to begin their third round of trade talks in as many months on Monday, their latest bid to tamp down a tariff war that risks upending global supply chains and further straining relations between the world's two largest economic powers.
The two-day talks, headed by Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, are taking place in Stockholm and come ahead of the Aug. 12 deadline for both countries to make progress toward a deal or return to astronomically high tariffs.
