The US and China are set to hold a new round of trade negotiations in Stockholm next week, with Treasury Secretary Scott Bessent signaling that the August 1 tariff deadline could be extended.
The Trump administration is prioritizing the quality of trade agreements over rushing to meet deadlines, even as steep tariffs loom for multiple countries. Talks may expand beyond traditional trade issues to include China's purchases of Russian and Iranian oil, reflecting broader geopolitical concerns. While some tariffs are still expected to take effect on August 1, the US is using the threat of higher duties as leverage to secure better deals.
The outcome of these negotiations could have significant impacts on global trade and economic relations.
.Here are the top political news stories for today.
Be the first to reply to this general discussion.
Join in on more popular conversations.
