Washington DC, July 30 (UNI) Top officials from the US and China have ended two days of what both sides described as “constructive” talks by agreeing to continue working to extend their 90-day tariff truce.
China’s trade negotiator Li Chenggang said Beijing and Washington had agreed to push to preserve the truce, under which both sides suspended some measures against each other.
But US Treasury Secretary Scott Bessent said any extension would be up to President Donald Trump.
The negotiations, held in Stockholm, Sweden, came as a truce established in May is set to expire next month, threatening to revive the turmoil that hit in April when the two countries exchanged escalating tit-for-tat tariffs.
Speaking to reporters on Air Force One on his way back to the US from Scotland, Trump said he had spoken to Bessent about the negotiations.
“They had a very good meeting with China…,” he added.
Trump started hiking tariffs on Chinese goods shortly after his return to the White House. China ultimately responded with tariffs of its own. Tensions escalated, with tariff rates hitting the triple digits, before a trade truce in May, reports BBC.
Beijing and Washington have been at loggerheads on a range of issues apart from tariffs. These include US demands that China’s ByteDance sell TikTok to an American company and that China speed up its export of critical minerals.