U.S. Nearing Trade Agreement with China as Talks Resume in Stockholm

On July 27, 2025, U.S. President Donald J. Trump announced that the United States is very close to finalizing a trade agreement with China. This announcement came as senior U.S. and Chinese officials prepared to resume negotiations in Stockholm, seeking to extend a truce that suspended tariffs between the two economies (ThePrint+8Reuters+8Reuters+8The Guardian+2Wikipedia+2Reuters+2U.S. News).

These negotiations, part of ongoing dialogues in Geneva and London—are aimed at preventing tariffs from reverting to above 100%, which could severely disrupt global supply chains and impact critical industries like semiconductors and AI (Reuters).

Trump emphasized the importance of quality over timing in trade agreements, signaling a shift from previous demands for speed. Reuters