Trade Negotiations & US-China Relations - US officials are meeting with Chinese officials in Sweden to discuss trade issues [1] - The US Trade Representative feels less pressure to strike a deal with China after trade negotiation wins with Japan and the EU [2] - Discussions will cover a range of trade and other issues, but extending the trade truce is a priority [3] - The current trade truce between the US and China is set to expire on August 12th [5] - The US has reduced tariffs on China from 125% to 30% [4] Key Issues for Discussion - Overcapacity from China is a key concern for the US [5] - Continued purchase of Russian and Iranian crude oil by China is another issue [5] - The status of TikTok and potential US buyers is also on the agenda [6]
US, China Trade Talks Underway in Sweden
Bloomberg Televisionยท2025-07-28 15:34