US, China Start Second Day of Talks for Tariff Truce Extension
Scott Bessent, center, arrives ahead of trade talks in Stockholm, on July 29.
Photographer: Fredrik Sandberg/AFP/Getty ImagesUS and Chinese officials started a second day of talks aimed at extending their tariff truce beyond a 90-day period that expires in two weeks and discussing ways to maintain trade ties while safeguarding economic security.
Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent arrived before 10:30 a.m. in Stockholm for their third round of meetings in less than three months. The agenda includes giving more time for negotiations on issues including export controls and US levies tied to fentanyl trafficking, as well as Chinese purchases of sanctioned oil from Russia and Iran.