Trump scores another big trade deal
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For the third time in as many months, US and Chinese officials will meet in Europe for trade talks — and this time, Beijing is arriving at the negotiating table more emboldened than ever.
China’s high dependence on exports will likely be a key focus of a new round of U.S.-China trade talks this coming week in Stockholm, but a trade deal would not necessarily help Beijing to rebalance its economy.
A new round of China-US economic and trade talks is set to be held in Sweden from Sunday to Wednesday. This follows a series of significant consensuses reached in Geneva and the establishment of a framework during talks in London.
As high-ranking negotiation teams from China and the United States gear up for the third round of trade talks, set to begin soon in Sweden, analysts said Beijing will arrive with a clear and consistent message: Equal dialogue and mutually beneficial cooperation is the only path forward.
Leaders from China and the European Union are now meeting at a summit in Beijing to mark 50 years of historic ties. Expectations were low after weeks of escalating tension and wrangling over its format, with the duration abruptly halved to a single day at Beijing's request.
A new round of China-US economic and trade talks is set to be held in Sweden from Sunday to Wednesday. This follows a series of significant consensuses reached in Geneva and the establishment of a framework during talks in London.
The US and China are likely to extend their tariff truce for another 90 days as trade negotiations continue, with discussions planned in Stockholm on Monday. During this period, both countries will refrain from new tariffs.
Chinese leader Xi Jinping urged the European Union to make “the right strategic choice” and enhance cooperation with China, while EU leaders called for a rebalancing of trade ties, as the two sides tackle deep-seated grievances at a tense summit in Beijing.