The United States and China have agreed to work on extending a deadline for new tariffs on each other after two days of trade talks in Stockholm concluded on Tuesday, according to Beijing’s lead negotiator.
The US side said the extension was discussed, but still required approval from President Donald Trump. US Treasury Secretary Scott Bessent claimed "our Chinese counterparts have jumped the gun a little" when announcing a pause, although he described the talks as “very fulsome two days with the Chinese delegation".
