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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares are mostly higher after China-US talks end without a trade deal

South Korea Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

Shares in Asia were mostly higher on Wednesday after the U.S. and China ended their latest round of trade talks without a deal. U.S, futures edged higher while oil prices slipped.

Beijing’s top trade official said China and the United States agreed during two days of talks in Stockholm, Sweden, to work on extending an Aug. 12 deadline for imposing higher tariffs on each other. The U.S. side said an extension was discussed, but not decided on.

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