Chinese Vice Premier He Lifeng Plans Sweden Visit for US Trade Talks

Chinese Vice Premier He Lifeng will visit Sweden from July 27 to 30 to hold economic and trade talks with U.S. officials, continuing efforts to address key bilateral trade issues through the China-U.S. economic and trade consultation mechanism. The discussions follow a June 5 phone call between the two heads of state and aim to promote mutual respect, peaceful coexistence, and win-win cooperation. U.S. Treasury Secretary Scott Bessent is expected to meet with Chinese officials in Stockholm to discuss extending the deadline for negotiating a trade deal, as China faces an August 12 deadline to avoid higher U.S. tariffs. Recent conciliatory moves from Beijing include suspending an antitrust investigation into DuPont China Group, reflecting a desire to stabilize trade ties and avoid a tariff war. Previous rounds of talks in Europe have shown progress in reducing tariffs and easing tensions between the two countries. Both sides appear committed to continuing consultations to refine and sustain a durable trade truce.