China and the U.S. have agreed to continue their tariff pauses on each other, according to China's top trade official

U.S. and Chinese officials finished two days of talks in Stockholm on Tuesday that were aimed at tackling longstanding economic disputes and stepping back from an escalating trade war between the world's two biggest economies.

China and the US have agreed to maintain their current tariff pause after constructive discussions in Stockholm. The negotiations addressed microeconomic issues and set the stage for continued communication.