Can U.S. and China forge a deal during the new 90-day trade truce?

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China and the U.S. have extended their trade truce for another 90 days – just hours before the steep increases were set to kick in. The agreement, announced jointly on Tuesday, ensures a suspension of the 24 percent reciprocal tariffs, along with China's corresponding countermeasures. The pause follows a series of economic and trade meetings in Stockholm at the end of July, and effectively delays more abrupt escalation in the standoff. What does the extension imply for the economic outlook of both countries and the world? Where should trade negotiators focus in the coming months? How likely the two sides could reach a new deal? Guests in this edition of Dialogue are Radhika Desai, director of Geopolitical Economy Research Group; Sourabh Gupta, senior Asia-Pacific International Relations Policy Specialist at the Institute for China-America Studies; and Andy Mok, senior research fellow at the Center for China and Globalization.

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