US Finance Minister Scott Bessent had already promised a new postponement in the customs dispute last week. Now he came together in Stockholm with the Chinese vice -headed head He Lifeng. Details were not known after the first day of the trial.
Before the new round of negotiations, China had expressed hope for “both respect”. Beijing wants to “expand the consensus through dialogue and communication, reduce misunderstandings, strengthen cooperation and promote the stable, healthy and sustainable development of relationships between China and the USA, said a spokesman for the Chinese Foreign Ministry.
US President Donald Trump imposed punitive tariffs against China and many other states at the beginning of April, Beijing reacted with counter-tariffs, whereupon Trump increased his tariffs. In the meantime, the bilateral customs level was over a hundred percent. In mid -May, the two countries then agreed to significantly reduce the serves for 90 days. According to the US, a deadline extension could be agreed again.
Trump has initially settled the trade dispute with the Europeans. He and EU Commission President Ursula von der Leyen announced a “deal” on Sunday evening on the outskirts of Trump’s visit to Scotland. According to this, tariffs of 15 percent are due for US imports of most European goods from August 1st. In addition, Leyen Trump agreed to investments in billions of billions, including in the energy and armaments area.
