US Treasury Secretary Scott Bessent suggests the deadline for trade tariffs on China could be extended following the Stockholm meeting.
Raluca Ioana Draghici
Economy
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Scott Bessent announced that bilateral talks with Chinese officials will propose to extend the previously agreed 90-day suspension of trade tariffs. This meeting, which will take place in Sweden, is a positive sign for US-China trade relations. Bessent emphasized that the talks will also address issues such as China's industrial overproduction and oil purchases from Russia and Iran. This new stage in trade relations comes after a series of negotiations that led to reciprocal tariff cuts.
Sources
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