Pakistan, July 28 -- The United States and China have restarted trade talks in Stockholm, with hopes of extending a temporary pause on steep tariffs. The 90-day truce, which reduced US tariffs to 30% and China's to 10%, is set to expire on August 12. US Treasury Secretary Scott Bessent is meeting Chinese Vice Premier He Lifeng to discuss future terms, while pressure builds globally as other countries also face looming tariff hikes.

Currently, dozens of US trade partners - including Brazil and India - risk seeing their export duties rise from a base of 10% to as high as 50% by August 1. Although President Trump has signed deals with the EU, UK, Japan, and others, the details remain unclear. Trade experts say extending the US-China pause c...