US, China Negotiators to Meet in Stockholm to Extend Trade Truce

The US and China are set to hold negotiations in Stockholm, Sweden, to extend their ongoing trade truce beyond the mid-August deadline. The talks aim to prevent the escalation of trade tensions between the two economic powerhouses. During the negotiations, the officials will discuss ways to further de-escalate the trade dispute, which has led to the imposition of tariffs on billions of dollars' worth of goods traded between the two countries. The meeting comes at a critical juncture, as the existing trade truce is set to expire in the coming weeks. Both sides are under pressure to find a diplomatic solution and avoid a further escalation of the trade war, which has had significant economic implications for the global economy. The negotiations are expected to be complex, with the two countries having to navigate a range of contentious issues, including intellectual property rights, market access, and the trade imbalance. The outcome of the talks will be closely watched by businesses and policymakers around the world.