Trump has ‘final say’ on all trade deals, says Treasury Secretary Scott Bessent.
Treasury Secretary Scott Bessent (L) and Trade Representative Jamieson Greer address a press conference in Rosenbad after the trade talks between the United States and China concluded, in Stockholm, Sweden, on July 29, 2025. Magnus Lejhall/TT News Agency/AFP via Getty Images
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President Donald Trump will decide whether to extend the U.S.–China tariff truce after trade talks conclude in Stockholm.
U.S. and Chinese officials wrapped up two days of talks in Stockholm on July 29, with the two largest economies seeking to deescalate trade tensions.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
