U.S., China Conclude Day 1 of Sweden Trade Talks
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Wall Street gains as investors eye US trade talks with China, Fed rate decision and earnings reports
Wall Street chugged mostly higher in premarket trading as Chinese and U.S. officials begin a second day of trade talks.
The Stockholm meeting — following similar talks in Geneva and London in recent months — is set to extend a 90-day pause on those tariffs. During the pause, U.S. tariffs were lowered to 30% on Chinese goods, and China set a 10% tariff on U.S. products.
US officials have been warned to avoid tough moves against Beijing as Stockholm hosts third round of negotiations