US, China Extend Tariff Truce Talks in Sweden Next Week

US Treasury Secretary Scott Bessent announced that he will meet his Chinese counterparts in Stockholm next week to extend the current tariff truce between the world’s two largest economies. The deal is set to expire on August 12, but Bessent expressed optimism about an extension.

Source: https://www.bloomberg.com/news/articles/2025-07-22/bessent-to-attend-us-china-trade-talks-in-stockholm-next-week