Breaking the Ice: China-US Trade Talks in Stockholm
Chinese and US officials are in Stockholm for crucial meetings aimed at resolving ongoing tariff issues. Talks between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng remain inconclusive but constructive. The discussions cover tariffs, market access, and potential future summits.
- Country:
- Sweden
In an effort to resolve escalating tariff disputes, trade representatives from China and the U.S. gathered in Stockholm for high-stakes meetings. The discussions, which have entered their second day, aim to mend pivotal commercial ties between the world's largest economies.
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are at the center of the negotiations. While the talks remain veiled in secrecy, early indications suggest a constructive dialogue. Critical topics on the table include tariffs, access to the Chinese market for American businesses, and broader issues like technological exports and international oil purchases.
The agenda could set the stage for a possible summit between President Trump and Chinese President Xi Jinping. Political and economic analysts anticipate that these talks could lead to an extension of current tariff rates or lay groundwork for longer-term economic balance between the two countries.
(With inputs from agencies.)
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- China
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- tariffs
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- Scott Bessent
- He Lifeng
- Trump
- Xi Jinping
- Stockholm
- market access
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