US, China Agree To Extend Tariff Truce

US, China Agree To Extend Tariff Truce

As zerohedge.com/geopolitical/chi…
in what appeared to be a leak by the South China Morning Post, moments ago US and Chinese negotiators have concluded their latest round of trade talks in Stockholm with an agreement to extend their tariff truce, Chinese trade negotiator Li Chenggang told reporters, without giving details of the extension.

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China, U.S. to continue pushing for continued extension of pause on 24 pct of reciprocal tariffs of U.S. side, as well as counter measures of Chinese side, says…
— Eunice Yoon (@onlyyoontv) twitter.com/onlyyoontv/status/…

Talks were candid and in-depth, he said Tuesday, and both sides will continue close communication going forward. The meetings followed previous rounds between the world’s two biggest economies in Geneva in May and in London in June

China's top trade negotiator says at close of talks that the two sides "will continue to push for the continued extension of the pause" in tariffs. Notably, he doesn't say the extension has been agreed to yet
Without extension, US tariffs on China ratchet back to 145% on Aug. 12
— Megan Cassella (@mmcassella) twitter.com/mmcassella/status/…

Without extension, US tariffs on China ratchet back to 145% on Aug. 12

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Tue, 07/29/2025 - 12:21

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"Step Towards War": Kremlin Slams Trump Ultimatum, Unleashes More Deadly Missile Attacks On Ukraine

"Step Towards War": Kremlin Slams Trump Ultimatum, Unleashes More Deadly Missile Attacks On Ukraine

Former Russian President Dmitry Medvedev issued the Kremlin's response to President Trump's Monday announcement from Scotland that he's reducing a deadline for Russia to agree a peace settlement from 50 days to 10 or 12 days, citing 'disappointment' in Putin not ending or at least winding down the war.

Medvedev, who serves as the current deputy chairman of the Russian Security Council, wrote on X that the US President was playing "the ultimatum game" with Moscow, which we should note is of course nuclear-armed, and that each new threat like this is a "step towards war".
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Medvedev warned: "Russia isn't Israel or even Iran" and thus that "Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with (Trump's) own country."

America's own loudmouth hawk later in the day Monday responded with his own challenge pushing back. Here's what the senator from South Carolina said on X:

"To those in Russia who believe that President Trump is not serious about ending the bloodbath between Russia and Ukraine: You and your customers will soon be sadly mistaken. You will also soon see that Joe Biden is no longer president," Lindsey Graham said, adding: "Get to the peace table."

Medvedev then responded to this on X, telling "gramps" to instead get busy working on America First. "Negotiations will end when all the objectives of our military operation have been achieved. Work on America first, gramps!" he said.

Trump's new deadline means that he could impose fresh sanctions by somewhere in early August: possibly Aug. 7-9, as opposed to what was initially the 50-day window which would have ended on September 2.

How Russia's RT presented the whole back-and-forth:

‘GRAMPS’ Lindsey Graham tries to dictate peace
Ex-Prez Medvedev tells him to SIT DOWN
‘Not for you or Trump to DICTATE when to ‘get to the peace table’
‘Work on America first’ t.co/8HHtxX211I

— RT (@RT_com) twitter.com/RT_com/status/1949…

Naturally, Zelensky is hailing Trump's tougher new timeline and ultimatum. "Everyone needs peace - Ukraine, Europe, the United States, and responsible leaders across the globe," Zelensky said on Telegram. "Everyone except Russia."

In follow-up, on Tuesday he commented on deadly overnight Russian attacks which included at least two two Iskander-M ballistic missiles along with 37 Shahed-type strike drones and as well as decoys.

Bilenkivska Correctional Facility was among locations struck, resulting in at least 17 dead and the hospitalization of over 40 inmates.

Zelensky announced that 22 people were killed in total in these latest Russian attacks on dozens of on cities, towns and villages. As if appealing directly for Trump to do more, he emphasized, "These were conscious, deliberate strikes - not accidental."

A Russian airstrike on a prison in southeastern Ukraine overnight killed 17 inmates and wounded dozens of others, Kyiv said on Tuesday, after Washington pressured Russia to end its invasion. t.co/mgDfQ2f1Ii

— AFP News Agency (@AFP) twitter.com/AFP/status/1950131…

Still, Ukraine is having its own problems after controversial Zelensky action seen as eroding corruption oversight in the country. The EU is poised to cut off funding. An EU official told European Pravda that Brussels has indeed issued a clear warning: "Yes, the EU has warned Kyiv. If the law is not passed, loans financed through revenues from frozen Russian assets under the ERA program will stop – we will simply stop disbursing them. Funding from the EBRD and EIB will also be suspended," the official newsukraine.rbc.ua/news/work-o…
in reference to key oversight offices which were gutted by Zelensky.

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Tue, 07/29/2025 - 12:25

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