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 Treasury head said recent trade deals announced by the US — including with the European Union and Japan — created a “lot more leverage” and promised China will not get a “special deal,” despite being America’s third largest trading partner among individual nations.

U.S. Treasury Secretary Scott Bessent said Tuesday he will travel to Stockholm next week for a third round of trade talks with his Chinese counterparts. The latest agreement between the U.S. and China expires on April 12,