High-Stakes Trade Negotiations Begin

Trade talks between the United States and China have commenced in Stockholm, marking a pivotal moment in the ongoing economic dialogue between the two global powerhouses. The discussions are taking place at the Rosenbad headquarters, under the auspices of the Swedish government.

Key Figures at the Table

Leading the US delegation are Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, who are set to engage with Chinese Vice Premier He Lifeng and his team. These negotiations aim to address the deep-seated economic disputes that have strained relations between the two largest economies in the world.

A History of Negotiations

This meeting represents the third encounter between Vice Premier He and Secretary Bessent this year, following previous rounds in Geneva and London. The talks are part of efforts to mitigate the fallout from former US President Donald Trump's aggressive tariff policies, which initially imposed a 145% import tax on Chinese goods before being temporarily reduced to 30% for a 90-day period.