US Treasury Secretary Scott Bessent is set to meet with Chinese officials in Stockholm next week to discuss extending the deadline for increased tariffs on Chinese imports. The talks come as the August 1 deadline for higher tariffs looms, with both sides signaling a willingness to negotiate further and avoid an escalation in the trade war. Bessent has emphasized that the US is prioritizing the quality of trade agreements over speed, using the threat of tariffs as leverage in ongoing negotiations with China and other countries. Meanwhile, President Trump continues to announce new trade deals and tariff measures with various nations, keeping global markets on edge. The outcome of the US-China talks could have significant implications for international trade and economic stability.
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