STockhom: Top trade authorities from China and America started a new round of talks on Monday to reduce tension on tariffs between the world’s two largest national economies.US Treasury Secretary Scott Besant and Chinese Vice Premier He was meeting for two days talks in the offices of Lifeng Sweden, which Bisent said that the current tariff levels would be likely to be expanded. But other possible results will be investigated. Analysts say the talks may set the stage for a possible meeting between US President Trump and Chinese President Xi Jinping later this year. Trade talks are third this year, about four months after the US President extends global trade with his comprehensive tariff proposals The meeting in Stockholm, after a similar talks in Geneva and London, is set to expand the 90-day stagnation on tariffs. During the break, the US tariff has been reduced by 30% on Chinese goods, and China has determined a 10% tariff on US products. AP
