US, China resume talks in Stockholm

U.S. and Chinese officials began a second day of talks in Stockholm on Tuesday to resolve longstanding economic disputes and step back from an escalating trade war between the world's two biggest economies, Reuters reported.

According to the source, the meetings may not yield immediate large breakthroughs but the two sides could agree to another 90-day extension of a tariff truce struck in mid-May. It may also pave the way for a potential meeting between U.S. President Donald Trump and Chinese President Xi Jinping later in the year.