U.S. and Chinese officials agreed to seek an extension of their 90-day tariff truce on Tuesday, following two days of what both sides described as constructive talks in Stockholm aimed at defusing an escalating trade war between the world's two biggest economies that threatens global growth.

Secondary tariffs would hurt Russia, the world's second leading oil exporter. The West has pressured Russia since late 2022 with a price cap on its oil exports, intended to erode