
U.S. and Chinese flags and a "tariffs" label are seen in this illustration created on April 10, 2025. — Reuters
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Stockholm: Top United States and Chinese economic officials will resume talks in Stockholm on Monday to try to tackle long -lasting economic disputes between the world’s top two economies, which aims to increase the war for three months and maintain more taxes.
China faces a deadline of August 12 to reach a sustainable tariff deal with President Donald Trump’s administration, when Beijing and Washington reached the initial deals to terminate the weeks of the Tight for Tate tariff and extraordinary land minerals in May and June.
Without an agreement, global supply chain may face a new riot with US duties that return to the triple digit level, which will be equal to bilateral trade sanctions.
Stockholm talks come hot with the help of Trump’s largest trade deal with the European Union on Sunday, with 15 % tariffs on EU goods exports to the United States, including autos. The block will also buy US $ 750 billion worth of energy and will also invest US $ 600 billion in the coming years.
No such progress can be expected in US -China talks, but trade analysts said the taxes and export controls in mid -May are likely to extend 90 days.
The extension of length will prevent further increase and will help plan a possible meeting between Trump and Chinese President Xi Jinping in late October or early November.
A US Treasury spokeswoman refused to comment on a South China morning post report, citing unknown sources, saying that the two sides would refrain from introducing new taxes or other measures that could increase the trade war for another 90 days.
The Trump administration is ready to impose new sectarial prices that will affect China, including semiconductor, pharmaceuticals, ship cranes and other products.
“We are very close to a deal with China. We have really signed an agreement with China, but we will see how it operates,” Trump told reporters on Sunday that before the European Commission’s President Ursola Van Der Leene signed his prices.
Are trying to get back to the track
In May and June, US trade talks in Geneva and London focused on bringing us and Chinese revenge revenue below the triple digits and restoring the flow of rare land minerals stopped by China and NVIDIA.
H20 AI chips and other goods were stopped by the United States. So far, the dialogue has not been brought to wider economic problems.
These include US complaints that China’s state -led, export model is flooding with cheap goods in global markets, and Beijing complaints that seek US national security export control over technical goods.
“Geneva and London were actually trying to bring back the relationship to the tracks that they could talk about the issues that first mobilize differences between countries,” said Scott Kennedy, a economist at the Center for Strategic and International Studies in Washington.
“If I have an early harvest on some of these things, I will be surprised, but it seems most likely to extend the ceasefire for another 90 days,” Kennedy said.
US Treasury Secretary Scott Basant has already flagged a deadline expansion, saying it wants China to attract its economy to domestic use away from exports-a decades-for-one goal for US policy makers.
Analysts say US -China talks are far more complicated than in other Asian countries and will need more time.
China’s grip on the global market for rare land minerals and magnets, which is used in everything from military hardware to car windshield wiper motors, has proved to be an effective point on American industries.
Trump-X-i-meeting
In the backdrop of the talks, speculations are being made about a possible meeting between Trump and XI at the end of October.
Trump has said he will soon decide on China’s historic journey, and that a new flare of prices and export controls will likely remove the planning.
Sun Chinghao, a colleague of Sanshwa University Center for Sanghwa University’s International Security and Strategy in Beijing, said that the Trump-XI summit would have a chance to reduce the revenue of 20 % on Chinese goods related to fantasy for the United States. In return, he said that the Chinese party could make a good Make in its 2020s to increase the purchase of US farm products and other goods.
“The future of the state summit is very beneficial for negotiations because everyone wants to reach an agreement or already pave the way,” Sun said.
Nevertheless, China will still request a reduction in most of the goods, 55 % on goods and US -high -tech export controls, a multi -layered US revenue, analysts said. Beijing has argued that such purchases will help reduce US trade deficit with China, which reached $ 295.5 billion in 2024.