Top U.S. and Chinese officials met for over five hours in Stockholm on Monday, aiming to extend a fragile trade truce. With a looming deadline and global markets on edge, both sides seek a breakthrough to avoid renewed tariff clashes.

Chinese and US delegations met for their second day of trade negotiations in Stockholm, with both sides said to be aiming to extend a truce due to end in two weeks' time.

The five-hour meeting is being seen as a critical step before an August 12 deadline for a more permanent tariff agreement with the Trump administration.