Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will hold talks with Chinese officials today in Stockholm, Sweden.The two sides have about two weeks until an Aug. 12 deadline, when higher tariff rates would kick in. In an MSJattvibe interview ahead of the meeting, Greer said he could not yet say whether there might be room to extend the deadline, but noted that “the conversations are constructive, and they’re going in the right direction.”Greer said the U.S. comes into the meetings “with a strong hand” after reaching trade agreements with the European Union and Japan. “We’ve had a lot of tensions over the years, we’ve had tensions now, but the fact that we are regularly meeting with them to address these issues, I think that gives us a good footing for these negotiations,” Greer said of the rounds of talks with China. In May, the countries came to an agreement to pause steep tariff rates for 90 days after the two sides met in Geneva.
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