Trade Talks Between the USA and China Continue in Sweden with Hopes for an Agreement

• Negotiations between the USA and China are ongoing in Stockholm.
• They expect the continuation of existing tariffs on Chinese goods.
• They are discussing access to the market and technology.

In Stockholm, on July 29, 2025, negotiations between trade representatives of the USA and China are taking place, which are continuing into a second day. Key participants include US Treasury Secretary Scott Bessen and Vice Premier of China He Lifeng. The talks began following last month's announcement of a 90-day pause in the war tariffs, which ends on September 12.

At this moment, the USA has imposed 30% tariffs on Chinese goods, while China responded with 10% tariffs on American goods. The US government believes that the negotiations could lead to the extension of existing tariffs, which are significantly lower than previous indicators.

Apart from tariffs, they are also discussing issues related to American companies' access to the Chinese market, Chinese investments in the USA, and restrictions on the export of Western technology, including chips for artificial intelligence.

Recently, reports have emerged about new initiatives from US President Donald Trump, who announced the possibility of introducing "global tariffs" on countries that do not uphold trade agreements. Meanwhile, analysts believe that negotiations could be constructive, but do not promise quick results.

Tags: USA/China/Politics/Economy