Chinese newspaper says countries are going to extend the 90 -day truce in tariffs; Meeting is on the 2nd day
The negotiation between representatives from China and the United States in Stockholm, Sweden, on commercial tariffs between countries is on their 2nd day and still without definition. The meeting began on Monday (28.Jul.2025).
According to the Chinese newspaper, the parties are heading to a negotiated in May. The original suspension deadline was also 90 days and ends on August 12.
The Agreement sewn in Geneva, Switzerland, in May reduced commercial barriers imposed by the White House to China from 145% to 30%. At the same time, China agreed to retreat its rates from 125% to 10%.
The Chinese newspaper cites sources that say the conversation in Sweden will be focused on more general and geopolitical influence than on tariff metrics itself.
For example, the US government has concerned its concerns about overproduction of the Chinese industry and the purchase of oil from Russia and Iran.
The news agency Reuters He reported that the conversation between US Treasury Secretary Scott Bessent and US commercial representative Jamieson Greer with Chinese vice-prime minister he Lifeng lasted 5 hours.
In a conversation with journalists on 3rd (29.Jul), the spokesman for China’s Ministry of Foreign Affairs, Guo Jiakun, was asked about the meeting in Sweden. The spokesman said that “Conversations are still in progress”.
Lifeng took the stay in Stockholm to meet Sweden Prime Minister ULF Kristersson. Sweden is one of the European countries with whom China has the oldest diplomatic relations. This year, countries celebrate 75 years of relationships.
According to the China Ministry of Commerce, Prime Minister Sweden said that the country is interested in closing China and values diplomatic and commercial relations among the 2 countries.
