China 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.
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China assessing U.S. messages of hoping to hold tariff talks: Commerce Ministry
The Chinese Ministry of Commerce said on Friday it is evaluating possible trade talks with the U.S. following repeated comments by senior U.S. officials expressing a willingness to negotiate.The ministry made the comment in a statement in response to
China is willing to study a trade negotiation with the US
China has opened for the first time a timid slit of dialogue in the trade dispute with the United States. A month after the Donald Trump administration kicked off the tariff battle that has led the world’s first and second largest economic power to unprecedented heights, Beijing has said this Friday that it will study the opening of a negotiation. “High American officials have repeatedly expressed their willingness to negotiate with China on the…
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