China and the United States have agreed to extend tariff pauses and deepen economic consultations following two days of trade talks in Stockholm, Chinese Vice Premier He Lifeng said on Tuesday.
He Lifeng met U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer for a new round of economic and trade discussions from Monday to Tuesday in the Swedish capital.
The two sides held “candid, in-depth and constructive” talks on macroeconomic policies and trade issues of mutual concern, according to China’s National Development and Reform Commission.
Both countries affirmed the implementation of agreements reached at previous meetings in Geneva and London and will work to extend by 90 days a pause on 24% of reciprocal tariffs, along with related Chinese countermeasures.
He Lifeng said that a stable and sustainable China-U.S. trade relationship “serves the development goals of both countries and contributes to global economic stability.” He urged both sides to act on the consensus reached in the 5 June phone call between the two presidents and to strengthen dialogue under the existing consultation mechanism.
The U.S. delegation said it viewed stable trade ties with China as crucial to both economies and the global economy. Washington added that it was prepared to use the consultation framework to resolve differences and achieve “more outcomes” from the dialogue.
China and the U.S. have maintained regular trade talks despite heightened tensions in other areas, with officials on both sides emphasising the need for “mutual respect and win-win cooperation.”
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“Get ready for oil to be $200 a barrel," a spokesman for the Iranian Army warned the world on Wednesday (11 March), as attacks on ships in the Strait of Hormuz escalated. Meanwhile, 32 countries agreed to the largest ever release of oil reserves in an attempt to reduce prices.
British Prime Minister Keir Starmer was warned about the "reputational risks" of appointing Peter Mandelson as U.S. Ambassador due to his friendship with convicted sex offender Jeffery Epstein, files released on Wednesday (11 March) show.
President of the European Council, Antonio Costa, visited Azerbaijan on Wednesday. A meeting between Costa and President Ilham Aliyev was held to reaffirm the European Union’s support amid regional security concerns, particularly following recent Iranian attacks on Nakhchivan Airport.
A wave of attacks across Israel and southern Lebanon escalated on Wednesday (11 March), with authorities reporting up to 12 incoming missile and drone alerts over Tel Aviv and Jerusalem.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
Australia has granted humanitarian visas to five Iranian women footballers who sought asylum, fearing persecution after refusing to sing their national anthem at an Asia Cup match.
Iran set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Middle East, warning the world should be ready for oil at $200 a barrel in defiance of President Donald Trump's claim that the U.S. had already won the war.
“Get ready for oil to be $200 a barrel," a spokesman for the Iranian Army warned the world on Wednesday (11 March), as attacks on ships in the Strait of Hormuz escalated. Meanwhile, 32 countries agreed to the largest ever release of oil reserves in an attempt to reduce prices.
Organisers of the 13th Global Baku Forum outlined the agenda and key themes of the upcoming international gathering during a press conference in Baku ahead of the event, scheduled to take place from 12 to 14 March.
President of the European Council, Antonio Costa, visited Azerbaijan on Wednesday. A meeting between Costa and President Ilham Aliyev was held to reaffirm the European Union’s support amid regional security concerns, particularly following recent Iranian attacks on Nakhchivan Airport.
A wave of attacks across Israel and southern Lebanon escalated on Wednesday (11 March), with authorities reporting up to 12 incoming missile and drone alerts over Tel Aviv and Jerusalem.
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