China and US Officials Discuss Trade Relations in Stockholm

Chinese Vice Premier He Lifeng and US Treasury Secretary Jeffrey Bessant emphasize the need for continued dialogue and cooperation to stabilize trade relations.

Summary

Chinese Vice Premier He Lifeng engaged in talks with US Treasury Secretary Jeffrey Bessant and Trade Representative Greer in Stockholm from July 28 to 29. The discussions focused on enhancing consensus, reducing misunderstandings, and strengthening cooperation to stabilize US-China trade relations. Both sides acknowledged the significance of a stable trade relationship for the global economy and committed to resolving differences through consultation mechanisms. China's negotiator indicated plans to extend the suspension of certain tariffs as part of the ongoing discussions.

Terms & Concepts