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US and China end ‘constructive’ trade talks without breakthrough

EPA US Treasury Secretary Scott Bessent smiles sitting in front of a microphone and US Trade Representative Jamieson Greer in the backgroundEPA

US Treasury Secretary Scott Bessent said that the extension of the tariff ceasefire would be presidency

Despite the discussions that the US and China define as “constructive” by both sides, they have made another trade interview without a great breakthrough.

The negotiations held in Stockholm, Sweden will be threatened to revive the turmoil shot in April when a ceasefire established in May ends next month and the two countries exchanged for taste.

US Treasury Secretary Scott Bessent said that any extension of this ceasefire, which both sides agreed to give some measures, would be connected to President Donald Trump.

China’s trade negotiator Li Chenggang said that both sides would force this agreement to protect this agreement.

Beijing and Washington demand that China’s stale to sell Tiktok and accelerate China’s critical mineral exports.

Shortly after returning to the White House, Trump began a march in Chinese goods. China ultimately responded with its own tariffs. Tensions increased, Tariff rates hit three steps before a trade ceasefire in May.

This faced an additional 30% tariff compared to the beginning of the year of Chinese goods, and US goods faced a new 10% tariff in China.

US officials, the ceasefire until the last date of 12 August, the tariffs “boomerang” may be, he said.

Bess Nothing is agreed until I speak to President Trump, Bes Bessin said, as it underestimated the risk of climbing.

“Only the meetings were very constructive to destroy this rhetoric. We just didn’t sign.”

This has been the third meeting between the US and China since April.

For the two sides, negotiators, each other’s economies, Trump and Chinese President Xi Jinping and the previously agreed to implement the previously agreed terms, including the importance of new technology, including electric tools, said they discussed the implementation of the previously agreed terms.

The US also suppressed China to its relations with Russia and Iran.

Li Chenggang said that both sides are “fully aware of the importance of preserving a stable and solid China-US trade and economic relationship.”

Bessent said Trump felt the US acceleration after the latest agreements with Japan and the European Union.

“I believe they are more moods for comprehensive discussions,” he said.

President Trump complained about the trade deficit with China, who saw that the US received 295 billion dollars of goods from China last year.

US Trade Representative Jamieson Greer said that the US is already on the road to reduce this gap this year $ 50 billion this year.

However, Bessent said the United States did not try to be completely “double”.

“We only need to take risks with certain strategic industries, whether rare lands, semiconductors, drugs,” he said.

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