Beijing's top trade official says China and the United States have agreed to work on extending a deadline for new tariffs on each other after two days of trade talks in Stockholm

The president is set to raise taxes on imports arriving from many countries, including India. That’s on top of the tariffs that the White House has already announced on scores of products.

The U.S. and China had agreed to pause most of the sky-high tariffs on each others’ goods amid trade negotiations – but that pause is set to expire in August.