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US Secretary of the Treasury Scott Bessent leaves Rosenbad after the US - China trade talks in Stockholm, Sweden, July 28, 2025. — Reuters
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Stockholm: The United States and China have taken some steps in their latest trade talks, which hopes that US President Donald Trump and Chinese President Xi Jinping may meet later this year.
After a five -hour debate in the Stockholm, both sides appear to continue the dialogue, indicating indicators pointing to possible progress in the coming months.
US and Chinese economic officials met for more than five hours at the Stockholm on Monday, aimed at resolving long -standing economic disputes at the center of the trade war between the world’s top two economies, which tried to extend the war for three months.
US Treasury’s chief Scott Bissant was part of an American negotiating team that arrived in the Central Stockholm, the Swedish Prime Minister’s Office, Rosanabad. The Deputy Prime Minister of China was also seen in the venue on video footage.
China faces a deadline of August 12 to reach a sustainable tariff deal with President Trump’s administration, when Beijing and Washington reached the preliminary deals in May and June to eliminate the tight -tet tariffs and extraordinary ground minerals cut off.
The negotiators from both sides were seen leaving the office near 8pm (1800 GMT) and they did not refrain from talking to reporters. The conversation on Tuesday is expected to resume.
During a widespread press conference with British Prime Minister Kerry Star in Scotland, Trump touched the talks.
Trump said, “I would love to see China opening my country.
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.
US commercial representative Jameson Greer said he did not expect “any great progress” today in the talks at the Stockholm, in which he was participating.
He told the CNBC, “What I expect is continuing to monitor and investigate the implementation of our contract, ensuring that important minerals are flowing between the parties and is advancing the base of better trade and balanced trade.”
Stockholm talks follow Trump’s largest trade agreement with the European Union announced on Sunday, which includes a 15 % tariff on the United States on exports of EU goods.
XI Trump Meeting?
Trade analysts said tariffs and export controls between China and the United States in mid -May were likely to extend 90 days.
An extension will help plan a possible meeting between Trump and President XI in late October or early November.
The Financial Times reported Monday that the United States has stopped China on tech exports to disrupt trade talks with Beijing and support Trump’s efforts to secure the meeting with XI this year.
Meanwhile, in Washington, US senators from both major parties this week have intended to target bills in dealing with minority groups, invasive and Taiwan, which emphasizes security and human rights, which can complicate talks in Stockholm.
Sources familiar with the matter told Reuters on Monday that Taiwanese President Laila Chung-T is ready to delay the journey of August that his team had come to the Trump administration, which included a stay in the United States, sources familiar with the matter told Reuters on Monday.
Beijing was provoked by a possible visit, possibly taking off trade talks. China has declared Taiwan as its territory, a position that rejects Taiwan, and condemns any support show for Taipei from the United States.
In May and June, US China’s previous trade talks in Geneva and London focused on bringing us and Chinese vengeance prices below the triple digits and restoring the flow of rare land minerals placed by China and NVDA.O H20 AI chips, and other goods through 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 in global markets with cheap goods, and Beijing complaints that are trying to prevent Chinese national security control over tech equipment.
“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.
Basant has already flagged a deadline extension, saying it wants China to turn its economy into more domestic use away from exports-which has been going on for decades 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 windscreen wiper motors, has proved to be an effective point on American industries.
