{"id":42749,"date":"2025-07-28T13:57:07","date_gmt":"2025-07-28T13:57:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/42749\/"},"modified":"2025-07-28T13:57:07","modified_gmt":"2025-07-28T13:57:07","slug":"us-and-china-officials-meet-in-stockholm-to-discuss-how-to-ease-trade-tensions","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/42749\/","title":{"rendered":"US and China officials meet in Stockholm to discuss how to ease trade tensions"},"content":{"rendered":"<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">STOCKHOLM, Sweden &#8212; Top trade officials from China and the United States arrived for a new round of talks in Stockholm on Monday in a bid to ease tensions over trade between the world\u2019s two biggest national economies.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng were meeting at the offices of Sweden\u2019s prime minister for talks that Bessent has said will likely to lead to an extension of current tariff levels.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Analysts say the two envoys could set the stage for a possible meeting between U.S. President Donald Trump and Chinese President Xi Jinping later this year to cement a recent thaw in trade tensions.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The talks are the third this year between He and Bessent \u2014 nearly four months after Trump upended global trade with his sweeping tariff proposals, including an import tax that shot up to 145% on Chinese goods. China quickly retaliated, sending global financial markets into a temporary tailspin.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Stockholm meeting \u2014 following similar talks in Geneva and London in recent months \u2014 is set to extend a 90-day pause on those tariffs. During the pause, U.S. tariffs were lowered to 30% on Chinese goods, and China set a 10% tariff on U.S. products.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Trump administration, <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/trump-scotland-tariffs-europe-8d2fb467d64f7fdfc4797dbebd54e8fc\" rel=\"nofollow noopener\" target=\"_blank\">fresh off a deal on tariffs with the European Union<\/a>, wants to reduce a trade deficit that came in at $904 billion overall last year \u2014 including a nearly $300 billion trade deficit with China alone.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">China\u2019s Commerce Ministry, for its part, said last week that Beijing wants \u201cmore consensus and cooperation and less misperception\u201d from the Stockholm talks.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u2014\u2014<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">Didi Tang and Josh Boak in Washington contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"STOCKHOLM, Sweden &#8212; Top trade officials from China and the United States arrived for a new round of&hellip;\n","protected":false},"author":2,"featured_media":42750,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[34333,23,966,28,793,3139,3,111,21,19,22,20,25,24,965],"class_list":{"0":"post-42749","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-34333","9":"tag-america","10":"tag-article","11":"tag-business","12":"tag-general-news","13":"tag-international-trade","14":"tag-news","15":"tag-politics","16":"tag-united-states","17":"tag-united-states-of-america","18":"tag-unitedstates","19":"tag-unitedstatesofamerica","20":"tag-us","21":"tag-usa","22":"tag-world-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/42749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=42749"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/42749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/42750"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=42749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=42749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=42749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}