Vietnam’s cost advantage and dependence on Chinese parts are strengthening ties with Beijing, even with US tariffs.

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.

U.S. and Chinese trade negotiators discussed potentially extending a tariff truce over two days of talks, senior administration officials said, but have not yet come to an agreement. The sides held constructive negotiations,