NEW YORK -- The U.S. and China are pushing to extend their tariff truce after negotiations aimed at tackling trade disputes between the world's two largest economies ended in Stockholm on Tuesday.
Bessent warns duties will 'boomerang' to 145% if president doesn't agree
U.S. Treasury Secretary Scott Bessent attends a press conference after trade talks between the U.S. and China concluded in Stockholm on July 29. (Magnus Lejhall/TT News Agency via Reuters)
NEW YORK -- The U.S. and China are pushing to extend their tariff truce after negotiations aimed at tackling trade disputes between the world's two largest economies ended in Stockholm on Tuesday.