The United States and China have concluded two days of high-stakes trade talks in Stockholm without reaching a definitive agreement to extend their fragile tariff truce. While negotiators described the discussions as 'constructive' and agreed to continue working toward a deal, the decision to pause or escalate tariffs now rests with President Trump. Key sticking points include export restrictions and China's purchases of Russian oil, which could trigger steep new tariffs if unresolved. Both sides are under pressure to avoid reigniting a costly trade war, with a looming deadline intensifying the urgency. The outcome of these talks will have significant implications for global markets, supply chains, and the broader geopolitical landscape.
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