{ IN STOCKHOLM } MAY EXTEND TARIFF TRUCE US, China hold 2nd day of talks on tariff

US and Chinese officials held a second day of talks in Stockholm on Tuesday to resolve longstanding economic disputes and step back from an escalating trade war between the world’s two biggest economies.

- Reuters

The meetings may not yield immediate large breakthroughs but the two sides could agree to another 90-day extension of a tariff truce struck in mid-May. It may also pave the way for a potential meeting between US President Donald Trump and Chinese President Xi Jinping later in the year, though Trump on Tuesday denied going out of his way to seek one.

The delegations met for over five hours on Monday at Rosenbad, the Swedish prime minister’s office in central Stockholm. Neither side made statements after the first day of talks.