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2 May, 2025 07:17

China ‘assessing’ US tariff talks – Commerce Ministry

President Donald Trump previously said his administration is in contact with Beijing over the tariff dispute, which China has denied
China ‘assessing’ US tariff talks – Commerce Ministry

China is “assessing” US overtures to begin tariff negotiations, the Commerce Ministry said on Friday. According to the ministry, senior US officials recently reached out to Beijing through third parties with proposals to start talks.

Tensions between the world’s two largest economies have risen since US President Donald Trump imposed 145% tariffs on Chinese imports last month as part of a wider effort targeting over 90 trade partners. Most of the new tariffs were paused for 90 days – excluding China – while a baseline 10% remains in place. Beijing responded with 125% tariffs on US goods and export restrictions.

The ministry said China has taken note of recent US messages and is evaluating the possibility of negotiations, adding that while Washington has expressed interest in talks, trust would be undermined if unilateral tariffs remain.

“The US has recently sent messages to China through relevant parties, hoping to start talks with China. China is currently assessing this,” the ministry stated.

Trump previously suggested that the tariffs could “come down substantially” and spoke about the potential for a “fair deal with China.” He also claimed that his administration was “actively” engaging with Beijing and that he had spoken to Chinese President Xi Jinping by phone.

Secretary of State Marco Rubio claimed on Fox News last week that Beijing was “reaching out” to Washington. China has denied this and accused the US of misleading the public.

In its statement on Friday, the Commerce Ministry reiterated that the US must show “sincerity” by canceling the tariffs if it wants meaningful dialogue. It added that China remains open to talks, but will not be pressured: “If we fight, we will fight to the end; if we talk, the door is open.”

It stressed that Beijing will only agree to negotiations in good faith. “Saying one thing and doing another, or even trying to coerce and blackmail under the guise of talks, will not work with China,” the statement read.

Analysts expect negotiations will begin soon, citing recent market volatility and the IMF’s downward revision of global growth forecasts due to trade uncertainty. Some observers, however, predict that formal talks will not be announced until after the US and China agree on the terms of a tariff deal privately.

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