Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a resolution to avert tariffs from skyrocketing back to ultra-high levels that formed an effective blockade on trade between the world’s two largest economies.

Chinese trade negotiators and the White House said both sides are looking to potentially extend talks beyond an August deadline to resolve wide-ranging tariff disputes triggered by Donald Trump’s global trade war.

China and the U.S. have agreed to continue their tariff pauses on each other, according to China's top trade official.