US-China trade talks in Sweden end without truce extension

Two days of talks between delegations from Beijing and Washington ended with out an extension of the tariff truce set to run out on August 12. US Treasury Secretary Scott Bessent stated that Donald Trump nonetheless must be briefed on the discussions. Additionally, the Worldwide Financial Fund has revised its international development outlook upward, as Trump’s tariff insurance policies are scaled again. And, Lesotho’s textile trade stays on edge forward of the August 1 tariff deadline.



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