NEW YORK (AP) — The clock is ticking closer to U.S. President Donald Trump's latest tariff deadline of Aug 1. And while several more deals — or at least frameworks for deals — have been reached since his last tariff deadline of July 9 came and went, trade talks with many countries are still in flux.

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

Despite the contours of a preliminary trade deal, German automakers Mercedes and Porsche are still in a world of pain, suffering from the strain of Trump’s tariffs and shifting consumer preferences in markets like the US and China.