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Economic officials discussed extending tariff pause with China
NBC Newsยท2025-07-29 20:00

Trade Negotiations - US and China concluded trade talks in Stockholm, with potential extension of tariff pause subject to President Trump's approval [1][3][4] - The current deadline marks higher tariff rates taking effect for most other countries [2] - Further technical discussions are ongoing, and President Trump will make the final decision on extending the pause [4] - A potential meeting between President Trump and President Xi could take place before the end of the year [7] Tariffs and Potential Outcomes - Failure to reach a deal could result in a 34% tariff on Chinese goods [6] - The US is seeking a lower tariff rate depending on China's offers [7]