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China's Vice Premier He Lifeng to hold US trade talks in Sweden
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China's Vice Premier He Lifeng to hold US trade talks in Sweden
Jul 23, 2025 3:10 AM

BEIJING, July 23 (Reuters) - China's Vice Premier He

Lifeng will visit Sweden from July 27-30 for a new round of

economic and trade talks with U.S. officials, the Chinese

commerce ministry said on Wednesday.

Both sides will continue consultations based on the

principles of "mutual respect, peaceful coexistence and win-win

cooperation," the ministry said in a statement.

U.S. Treasury Secretary Scott Bessent

said

on Tuesday that he will meet with Chinese officials in

Stockholm to discuss a deadline extension for negotiating a

trade deal, while describing trade with China as "in a good

place."

China faces an August 12 deadline to reach a durable

deal with the White House or risk higher U.S. tariffs.

Since mid-May, Bessent has met twice with He in Geneva

and London, as the two sides work to refine a delicate trade

truce that dialled back triple-digit tariffs imposed following

rounds of tit-for-tat escalations.

Beijing has been sending conciliatory messages in the

lead-up to next week's Stockholm talks.

On Tuesday, China's market regulator said it had

suspended

an antitrust investigation into DuPont China Group, a

subsidiary of the U.S. firm DuPont ( DD ).

The investigation was

launched

in April after U.S. President Donald Trump slapped

additional 34% tariffs on Chinese products.

Chinese Commerce Minister Wang Wentao

said

last week that Beijing wants to bring its trade ties with

the U.S. back to a stable footing, adding that the recent two

rounds of talks in Europe had shown there was no need for a

tariff war.

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