China and the U.S. have agreed to continue their tariff pauses on each other, according to China's top trade official

The United States and China have failed to reach an agreement to extend a pause on high mutual tariffs after talks in Sweden. At a press conference in Stockholm on Tuesday, US Trade Representative Jamieson Greer announced that he would return to Washington to hold talks with President Donald Trump over the tariff pause,

Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a clear path forward to avert tariffs from skyrocketing back to ultra-high levels that formed an effective blockade on trade between the world’s two largest economies.