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US, China Officials Meet in Sweden to Extend Trade Truce
Posted
July 28, 2025
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July 28, 2025
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0:20Now PlayingUS and Chinese officials kicked off two days of talks aimed at extending their tariff truce beyond a mid-August deadline and hashing out ways to maintain trade ties while safeguarding economic security.
Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent are leading the delegations through Tuesday in Stockholm — their third meeting in less than three months. The agenda includes discussions about how long the current tariff truce can be extended, as well as US levies tied to fentanyl trafficking, and Chinese purchases of sanctioned Russian and Iranian oil.
The meeting began a day after the US President Donald Trump announced an agreement with the European Union ahead of an Aug. 1 deadline to conclude deals with dozens of countries. Talks with Beijing are on a different track with rates for China well above those for other major economies.
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