China, Donald Trump and trade deal in Sweden
Digest more
Shares in Asia are mostly higher after the U.S. and China ended their latest round of trade talks without a deal.
Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a clear path forward to avert tariffs from skyrocketing back to ultra-high levels that formed an effective blockade on trade between the world’s two largest economies.
After a “constructive” round of talks ahead of an Aug. 12 deadline, Treasury Secretary Scott Bessent said, “Nothing is agreed until we speak with President Trump.”
The U.S. cancelled a meeting with Taiwan's defence minister in June, highlighting concern that President Donald Trump is wary of supporting the island in ways that could harm U.S. relations with China,
U.S. and Chinese officials are meeting in Stockholm to discuss trade tariffs and a potential summit between their leaders. U.S.
The US and China have wrapped up another round of trade talks without any major breakthroughs, despite discussions that both sides described as "constructive".
Delegations from the United States and China will meet Monday in Stockholm, Sweden to keep the current trade truce alive and possibly negotiate a permanent deal.
WASHINGTON (Reuters) -U.S. President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug. 1 deadline.
U.S. senators from both major parties plan to introduce bills this week targeting China over its treatment of minority groups, dissidents and Taiwan, emphasizing security and human rights as President Donald Trump focuses on trade with Beijing.