China and U.S. Aim to Extend Tariff Truce

China and the United States are focusing on extending the current pause on reciprocal tariffs, aiming to ease trade tensions. Discussions took place in Stockholm, as stated by China's chief trade negotiator, Li Chenggang.

In talks held earlier this week, both nations revisited previous agreements from Geneva and London to maintain a constructive dialogue. The discussions are part of ongoing efforts to stabilize trade relations between the two economic giants.

Both sides will continue open communication and aim for 'timely exchanges' on pressing trade and economic issues, according to Li. The negotiations emphasize a mutual commitment to finding a path forward in their complex trade relationship.

(With inputs from agencies.)