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US-China Trade Talks Resume Amid Truce Extension Hopes

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WorldNews 1 Views July 28, 2025 Source

Summary

  • US and China to restart trade talks in Sweden.
  • Hopes for a 90-day extension to the trade war truce are growing.
  • The current truce ends on August 12.
  • US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are leading the discussions.
  • US officials have described the talks as being in a 'very good place'.

Overall Sentiment: 🟢 Positive

AI Explanation

The United States and China are set to resume trade negotiations in Sweden, with optimism high for an extension of their current 90-day trade war truce. The talks, led by Treasury Secretary Scott Bessent for the US and Vice Premier He Lifeng for China, follow a tariff framework agreement between the US and the European Union. The existing pause on tariff increases, which began after earlier high-level meetings, is due to expire on August 12. US officials have indicated that current discussions are progressing well, suggesting the possibility of a renewed truce.

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