US-China Trade Talks Wrap Up Day 2 in Stockholm

Source
JH Kim

Summary

  • It was reported that the second day of the high-level US-China trade talks held in Stockholm, Sweden has concluded.
  • It was announced that this is the third high-level trade negotiation this year.
  • It is expected that if the high tariff grace period is extended by three months, the tariff truce between the two countries could continue until November.

On the 29th (local time), economic news account Walter Bloomberg reported that the second day of high-level US-China trade talks held in Stockholm, Sweden had concluded.

This round of negotiations marks the third high-level US-China trade meeting this year, following previous talks in Geneva, Switzerland on May 10–11 and in London, United Kingdom on June 9–10.

In particular, if the grace period for imposing high tariffs is additionally extended by 3 months, the tariff truce between the two countries is expected to likely last until November.

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JH Kim

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