Global Economy News
LAST UPDATE: July 29, 2025
US, China resume talks in Stockholm to ease tariff hostilities
U.S. and Chinese officials resumed negotiations in Stockholm, aiming to extend the existing tariff truce by ~90 days. Talks include reciprocal tariff reductions, technology export restrictions, and setting the stage for possible Trump-Xi-level engagement. (Reuters)
Insight
The dialogue signals a mutual desire to deescalate trade tensions and stabilize markets ahead of potential high-level diplomacy, offering a strategic pause to ongoing friction. (Reuters)
Lutnick Sees Likely 90-Day Extension of China Trade Truce
U.S. Commerce Secretary Howard Lutnick suggested a likely extension of the current 90-day tariff pause with China, pending final approval—aligned with ongoing negotiations and potential summit-level diplomacy. (Bloomberg.com)
Insight
The likely extension emphasizes U.S. efforts to maintain trade stability and reduce market uncertainty while longer-term terms are negotiated, pointing to cautious diplomatic posturing. (Bloomberg.com)
