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Li made this statement at a briefing held in Stockholm on Tuesday following trade talks between the US and China.
🔥🔥🔥 US and China Extend 90-Day Tariff Ceasefire
A significant development has occurred in the ongoing trade war between the US and China. The two countries have officially extended their decision to suspend existing tariff increases for 90 days. This decision is being considered a positive step for both global markets and trade relations between the two countries.
The agreement aims to enable the parties to engage in a more constructive dialogue and gain time for a new trade agreement. During the extended ceasefire, the parties are expected to refrain from imposing new tariffs.
Experts emphasize that more comprehensive agreements are needed for such temporary solutions to translate into lasting peace. However, this development offers a breathing space for the global economy, at least in the short term.
#Major Power Trade Talks
#Tariff Deal New Update