US, China to Continue Talks About Maintaining Tariff Truce

Chinese trade negotiators and the White House said both sides are looking to potentially extend talks beyond an August deadline to resolve wide-ranging tariff disputes triggered by Donald Trump’s global trade war.

The original 90-day suspension of trade hostilities in May saw the US president retreating from sky-high tariffs that threatened to cut off bilateral trade between the world’s largest economies. Now another 90-day delay is a possibility, according to US Treasury Secretary Scott Bessent. Chinese trade negotiator Li Chenggang confirmed that both sides agree on maintaining the truce, without elaborating on how long.