Overview

• US and Chinese negotiators wrapped up a third round of talks in Stockholm with a commitment to pursue another 90-day pause on reciprocal tariffs first imposed in May.
• The extension would preserve existing 24% U.S. duties and matching Chinese countermeasures, which are currently set to lapse on August 12.
• China’s Foreign Minister Wang Yi urged expanded communication channels and warned against unilateralism and strategic misjudgments.
• Taiwan’s cabinet said four rounds of technical discussions with U.S. officials produced consensus on tariffs, non-tariff barriers, supply-chain resilience and economic security, subject to U.S. policy approval.
• Analysts view the talks as a sign that both sides are exploring indirect negotiation paths through third-country partnerships to reshape broader trade ties.