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U.S.-China Talks End Without Deal, Tariff Truce Extended

8/1/2025

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Bessent Prolongs Truce
  • U.S.-China trade talks in Stockholm wrapped up without a deal, yet both nations chose to prolong a tariff truce that was set to end on August 12. U.S. Treasury Secretary Scott Bessent remains hopeful for a resolution, despite analysts pointing out China's advantageous stance as tariffs escalate on other countries. Critical issues still linger unresolved.
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