Stockholm ¨C Senior U.S. and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the center of a trade war between the world¡¯s top two economies, aiming to extend a truce keeping sharply higher tariffs at bay.
China is facing an Aug. 12 deadline to reach a durable tariff agreement with President Donald Trump¡¯s administration, after Beijing and Washington reached a preliminary deal in June to end weeks of escalating tit-for-tat tariffs.
Without an agreement, global supply chains could face renewed turmoil from duties exceeding 100%.
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