The 15% tariff would be lower than previously threatened but remains a high duty on America’s largest trading partner.

Senior U.S. and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the centre of the countries' trade war, aiming to extend a truce keeping sharply higher tariffs at bay.

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.

Rice, corn, sugar, pork, chicken and fish will remain protected in the ongoing trade negotiations with the United States, according to Agriculture secretary Francisco Tiu Laurel Jr. The Department of Agriculture (DA) chief said Philippine trade officials have assured the DA that safeguarding domestic producers remains a “top priority.