Wrapping up two days of U.S.-China trade talks in Stockholm, Bessent said he also expressed U.S. displeasure at China's continued purchases of sanctioned Iranian oil, and its sales of over $15 billion worth of dual-use technology goods to Russia that have bolstered Moscow's war against Ukraine.

US Treasury Secretary Scott Bessent says, “nothing is agreed until we speak with President Trump,” and “he’ll decide if the pause continues as is.” Bessent and US Trade Representative Jamieson Greer address reporters about the possible extension of a tariff truce with China in Stockholm on Tuesday.