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.

Li Chenggang said the two sides had “constructive” and “candid” discussions and agreed to keep the tariffs at current levels — the U.S. taxing Chinese goods at 30% and China collecting 10% on U.S. products.

TRUMP'S U.K. TRIP: President Donald Trump will return to Washington today after meeting with British Prime Minister Keir Starmer to discuss trade and the humanitarian crisis in Gaza and reaching a trade agreement with the European Union.