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China's Top Trade Negotiator on Extending US Tariff Truce

CNBC TelevisionAugust 7, 20251 min36,158 views
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China-US Trade Talks Conclude

  • πŸ‡¨πŸ‡³ Chinese Vice Premier Lee Ha Fang, the top trade negotiator, stated that talks with the US have concluded in Stockholm.
  • πŸ—£οΈ He described the discussions as candid, in-depth, and constructive, emphasizing the importance of maintaining bilateral relations.

Tariff Truce Extension

  • πŸ“ˆ The Chinese side is actively pushing for a continued extension of the pause in tariffs imposed by the US.
  • πŸ‡¨πŸ‡³ Similarly, China is seeking an extension for its retaliatory tariffs.
  • πŸ—“οΈ The current tariff truce is a significant point of discussion, especially with an upcoming August 12th deadline.

Exclusive Interview with Treasury Secretary

  • 🎀 CNBC will conduct an exclusive interview with Treasury Secretary Scott Bessant later today in Stockholm.
  • πŸ“Š The interview is expected to provide insights, particularly regarding the extension of the tariff pause.
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US-China Trade TalksTariff TruceRetaliatory TariffsTrade NegotiationsStockholmTreasury SecretaryEconomic Relations
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