US EditionChina says it’s evaluating U.S. overtures to initiate talks on trade
- China's commerce ministry confirmed on Friday that it is currently evaluating a U.S. Offer to begin trade talks amid ongoing tariff disputes.
- The U.S. Initiated a tariff and trade war by imposing duties up to 145% on many Chinese products in April, prompting Beijing to respond with 125% tariffs on U.S. Imports.
- Beijing demands U.S. Sincerity, including correcting its practices and canceling unilateral tariffs, while warning that coercion or insincerity will hurt trust and fail to produce agreements.
- Dozens of countries, including China, must finalize agreements with Washington before a July deadline to prevent the implementation of higher, country-specific tariffs, while China contends with economic challenges from weakening exports and reduced factory output.
- The dispute has destabilized global markets and supply chains, with China vowing to fight the trade war to the bitter end if necessary, as highlighted by a recent foreign ministry video promising to "never kneel down.
202 Articles
202 Articles
San Diego Union Tribune
The Virginian PilotChina says it’s evaluating US overtures for trade talks, but tariffs remain an obstacle
By ELAINE KURTENBACH, Associated Press Business Writer China’s Commerce Ministry said Friday that Beijing is evaluating multiple approaches by the Trump administration for trade talks, but steep tariffs imposed by Washington must go. A ministry statement reiterated China’s stance that is open to talks, but also that Beijing is determined to fight if it must. It said one-sided tariffs of up to 145% remain an obstacle, undermining trust. “The tari…
China Says 'Door Is Open' For Talks While It Is 'Assessing' US Trade Proposal, But Warns 'Coercion' And 'Extortion' Won't Work - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
In a potential move towards de-escalation, China’s Commerce Ministry is said to be ‘assessing’ a U.S. offer to discuss the crippling 145% tariffs imposed by President Donald Trump. What Happened: The U.S. has extended an olive branch to Xi Jinping‘s China, proposing talks over the tariffs that have significantly disrupted global markets. The Chinese Commerce Ministry has confirmed its willingness to engage in discussions but insists that the U.S…
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