{"id":51077,"date":"2025-07-27T12:08:25","date_gmt":"2025-07-27T16:08:25","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/global-trade-tensions-ease-as-u-s-china-extend-tariff-pause-eu-u-s-trade-deal-progresses-amidst-high-level-talks\/51077\/"},"modified":"2025-07-27T12:08:25","modified_gmt":"2025-07-27T16:08:25","slug":"global-trade-tensions-ease-as-u-s-china-extend-tariff-pause-eu-u-s-trade-deal-progresses-amidst-high-level-talks","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-trade-tensions-ease-as-u-s-china-extend-tariff-pause-eu-u-s-trade-deal-progresses-amidst-high-level-talks\/51077\/","title":{"rendered":"Global Trade Tensions Ease as U.S., China Extend Tariff Pause; EU-U.S. Trade Deal Progresses Amidst High-Level Talks"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>The United States and China have agreed to extend their tariff pause by another 90 days<\/strong>, signaling a commitment to ongoing trade negotiations and stability.<\/li>\n<li><strong>U.S. President Donald <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> and European Commission President Ursula von der Leyen are engaged in high-stakes trade talks<\/strong> in Scotland, with both sides expressing a desire to resolve outstanding issues and potentially avoid a looming 30% tariff on EU goods.<\/li>\n<li><strong>The EU is preparing countermeasures<\/strong> to potential U.S. tariffs, including a \u20ac26 billion package, while also seeking a comprehensive settlement on all trade issues.<\/li>\n<\/ul>\n<p>Intensive negotiations are underway as global trade relations see a mix of de-escalation and high-stakes discussions. The South China Morning Post (SCMP) reports that <strong>China and the United States have agreed to extend their current tariff pause by an additional 90 days<\/strong>, aiming to maintain stability as trade negotiations continue. This extension, expected to be formalized at talks in Stockholm, comes after previous 90-day suspensions and signals a desire from both Beijing and Washington to avoid further escalation of the trade war.<\/p>\n<p>Meanwhile, U.S. President Donald <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> and European Commission President Ursula von der Leyen are holding crucial trade talks in Scotland. President Trump has stated his administration&#39;s desire to &quot;resolve outstanding issues with Europe&quot; and has praised von der Leyen, calling her &quot;so fantastic&quot; and a &quot;highly respected woman.&quot; However, he has also acknowledged her as a &quot;very tough negotiator,&quot; a sentiment echoed by von der Leyen herself, who reportedly told Trump he is a &quot;tough negotiator.&quot;<\/p>\n<p>The discussions between the U.S. and the EU are focused on averting a potential trade war, with the White House having threatened a 30% tariff on practically all imports from the EU from August 1st if no agreement is reached. The EU, in turn, has stated its readiness to retaliate with its own 30% tariffs on \u20ac93 billion of U.S. trade. The EU&#39;s objective is to reach a &quot;comprehensive final settlement&quot; on all outstanding trade issues, including pharmaceuticals.<\/p>\n<p>Despite the ongoing challenges, there is cautious optimism. President Trump has indicated a &quot;50-50 chance&quot; of securing a deal with the EU, which he believes would be his administration&#39;s biggest trade agreement to date. The EU has also expressed its commitment to reaching a trade deal and has offered a &quot;zero for zero&quot; deal on industrial goods, including automobiles. However, &quot;sticking points&quot; remain, with Trump noting &quot;maybe 20 different things&quot; that need to be resolved. The EU is also preparing further countermeasures to protect its interests if negotiations fail.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The United States and China have agreed to extend their tariff pause by another 90 days, signaling a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[6935,4179,4332,4335,4472,4824,5491,5668,5691,5957],"class_list":["post-51077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-scmp-stock-scmp","tag-tariffs","tag-trade-war","tag-donald-trump","tag-global-economy","tag-geopolitics","tag-eu-us-trade","tag-ursula-von-der-leyen","tag-us-china-relations","tag-scmp"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/51077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=51077"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/51077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=51077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=51077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=51077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}