Big News from Stockholm – Trade Truce May Get Extended
After two days of high-level talks in Stockholm, officials from the #US and #china are working on extending the current 90-day break on tariffs
China’s Vice Minister of Commerce said both sides want to keep things calm and avoid raising tariffs again, even though China didn’t say exactly how long the pause could be
US officials suggested another 90-day extension, something President Trump has supported before The current deal ends August 12
These talks were led by top names China’s Vice Premier He Lifeng and US Treasury Secretary Scott Bassant They both agreed to keep the conversations going with another possible meeting in three months
Why does this matter
More tariffs mean more pressure on global supply chains prices and even crypto
A peaceful trade path helps keep markets stable and risk sentiment stronger
The US says they now understand China’s approach better and they’re taking the results to President Trump for approval
Analysts say this is a positive step and many expect more extensions ahead
Global tensions cooling down means more clarity for investors