Amid ongoing trade tensions, top officials from the United States and China are scheduled to meet in Stockholm to address pressing trade issues.
What Happened: This meeting marks the third encounter this year between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, as reported by AP News on Sunday.
The discussions in Stockholm are expected to maintain the current tariff levels while both nations work towards a potential meeting between their leaders later in the year.
President Donald Trump had previously proposed tariffs, including a 145% import tax on Chinese goods, which disrupted global trade. Bessent mentioned on MSNBC that the U.S. and China have reached a “status quo,” with the U.S. imposing a 30% tariff on Chinese imports and China responding with a 10% tariff.
“We have the confines of a deal with China,” said Trump on Friday, according to the report.
The Stockholm talks aim to address issues …