The Stockholm meeting — following similar talks in Geneva and London in recent months — is set to extend a 90-day pause on those tariffs. During the pause, U.S. tariffs were lowered to 30% on Chinese goods, and China set a 10% tariff on U.S. products.

US and Chinese economic officials convened in Stockholm for extensive talks aimed at resolving deep-rooted trade disputes. The negotiations targeted extending a truce amid looming deadlines, with significant emphasis on the flow of critical minerals and balanced trade.

China said on Monday it looked forward to ensuring "reciprocity" in trade with the United States, as top Beijing and Washington economic officials are set to renew negotiations in the Swedish capital Stockholm.