U.S.-China Trade Talks in Stockholm: Paving the Way for a Presidential Meet

In an effort to ease the ongoing trade tensions between the world's two largest economies, top trade officials from China and the United States convened in Stockholm on Monday.

Leading the discussions were U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, who gathered at the office of Sweden's prime minister. Bessent indicated these talks might result in an extension of existing tariff levels.

Analysts suggest that this meeting could set the stage for a possible summit between U.S. President Donald Trump and Chinese President Xi Jinping. The international community watches closely as these negotiations could cement the recent thaw in trade tensions.

(With inputs from agencies.)