The trade delegation has arrived in Stockholm for trade talks with China.
They are expected to maintain current tariff levels while laying the groundwork for a potential Trump-Xi summit later this year. Talks are being led by Treasury Secretary Bessent/USTR Greer and China Vice Premier He Lifeng Focus will on structural issues like market access, industrial overcapacity, and fentanyl-related trade tensions.
While no major breakthrough is expected, both sides hope to shape a limited agreement—possibly tied to China’s steps on fentanyl and future investment commitments—in exchange for partial tariff relief. A broader deal remains uncertain, with Beijing also eyeing U.S. concessions on military presence and tech export controls.
This article was written by Greg Michalowski at investinglive.com.