US, China Talks in Stockholm Aim for Trade Truce Extension (1)

US and Chinese officials finished the first of two days of talks aimed at extending their tariff truce beyond a mid-August deadline and hashing out ways to maintain trade ties while safeguarding economic security.

Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent led their delegations for afternoon meetings until almost 8 p.m. in Stockholm — during their third round in less than three months. The agenda includes giving more time for high-stakes negotiations to play out on issues ranging from US levies tied to fentanyl trafficking to Chinese purchases of sanctioned Russian and Iranian oil.

Neither side ...