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yesterday

US CEOs Head to Beijing as Stockholm Trade Talks Resume

The FedEx-led group organized by the US-China Business Council aims to revive stalled commercial discussions before potential tariff hikes

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The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. KEYSTONE/EDA/Martial Trezzini/Handout via REUTERS/File Photo
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Overview

  • The delegation is organized by the US-China Business Council and led by FedEx CEO Rajesh Subramaniam, with Boeing executives and USCBC President Sean Stein joining the mission.
  • Delegates plan to meet senior Chinese officials in Beijing to revive stalled negotiations ahead of an August 12 deadline for a durable trade agreement.
  • The Beijing outreach runs alongside formal economic talks in Stockholm, where Vice Premier He Lifeng and US trade representatives are meeting through July 30.
  • Sources indicate White House officials may extend the August 12 tariff deadline by 90 days to create space for a broader deal and a possible Trump–Xi summit later this year.
  • American firms are pressing for policy stability as they grapple with China’s regulatory crackdowns, supply-chain decoupling and strategic sector controls.