The United States and China have concluded two days of high-stakes trade talks in Stockholm without reaching a final agreement to extend their current tariff truce. While both sides described the discussions as constructive and agreed to continue negotiations, the decision to pause or escalate tariffs now rests with President Donald Trump. Key sticking points include export restrictions and China's purchases of Russian oil, which could trigger higher tariffs. The fragile truce has significant implications for global supply chains, technology sectors, and the broader world economy. Observers are watching closely as the deadline for a new deal approaches, with the possibility of renewed trade tensions if no extension is granted.
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