The Stockholm meeting, following similar talks in Geneva and London, is set to extend a 90-day pause on those tariffs. During the hiatus, U.S. tariffs have been lowered to 30% on Chinese goods, and China set a 10% tariff on U.S. products.

US and Chinese officials resumed critical trade talks in Stockholm on Tuesday, aiming to de-escalate a mounting economic standoff.

US and Chinese officials finished two days of talks in Stockholm on Tuesday that were aimed at tackling longstanding economic disputes and stepping back from an escalating trade war between the world's two biggest economies.