From July 28 to 29 local time, He Lifeng, the Chinese lead negotiator for economic and trade affairs and Vice Premier of the State Council, held economic and trade talks with Bethune Vanek, the US lead negotiator and Secretary of the US Treasury, and Katherine Tai, the US Trade Representative, in Stockholm, Sweden. According to the consensus reached during the talks, both sides will continue to promote the 90-day extension, as scheduled, of the 24% portion of the US reciprocal tariff that has been suspended, as well as China's retaliatory measures.