The historic Rosenbad building, nestled by the mirror-like waters of Lake Malaren, is drawing international attention this week as China and the United States convene their third round of high-level trade talks.

Held at the office of Swedish Prime Minister Ulf Kristersson, the Stockholm meeting follows previous China-US trade talks in Geneva in May and London in June. These discussions are part of ongoing efforts to ease bilateral tensions and de-escalate the tariff disputes that have strained the global economy.

Reporters began assembling outside the venue early Monday morning. By the time trade officials arrived around 2 pm local time (1200 GMT), over 60 journalists from around the world had gathered. A Reuters reporter expressed hope for “something concrete — maybe a further tariff delay or a pathway to easing duties”.

Prime Minister Kristersson welcomed the event on the social media platform X. “I look forward to meeting with representatives of the US and the People’s Republic of China on Swedish soil. Welcome to Sweden!”

Since May, both countries have been working to implement the consensus reached during a recent presidential call. Central to these efforts is the reduction of excessive tariffs and a shared aim to cool down frictions between the world’s two largest economies.

The Stockholm talks mark the third such meeting in three months and came just days before the expiration of a 90-day tariff truce agreed upon by the two sides.

Xinhua

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