In Stockholm, negotiators from China and the U.S. wrapped up two days of high-level trade talks with a commitment to seek a further extension of their 90-day tariff pause. The move aims to stabilize global markets and avoid the reimposition of heavy levies that could disrupt supply chains.
Under the bilateral economic and trade consultation mechanism, both sides agreed to continue the suspension of 24% reciprocal tariffs on U.S. imports and China’s countermeasures. While the exact duration of the extension remains under discussion, a fresh 90-day pause is one leading option.
Chinese Vice Minister of Commerce Li Chenggang described the talks as “in-depth, candid and constructive,” highlighting a mutual recognition of the need for steady economic ties. China’s Vice Premier He Lifeng added that a stable, sound and sustainable China-U.S. economic relationship “contributes to global economic growth and stability.”
U.S. Treasury Secretary Scott Bessent, who led the American delegation, indicated another meeting is likely in about 90 days—just ahead of the current pause’s August 12 deadline. This timeline reflects both sides’ desire to keep channels open and responsive.
Experts say the dialogue is a crucial step in preventing a snapback to the triple-digit tariffs introduced in April. John Quelch, executive vice chancellor of Duke Kunshan University, called the talks “very encouraging,” noting they deepen each side’s understanding of the other’s economic concerns.
As China and the U.S. continue to engage through this established consultative channel, young global citizens, entrepreneurs and policymakers will be watching closely. The outcome could shape trade patterns, tech investment and the broader health of the world economy in the months ahead.
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China, U.S. agree to seek further tariff pause after Stockholm talks
cgtn.com
