RT.com
02 May 2025, 12:47 GMT+10
President Donald Trump previously said his administration is in contact with Beijing over the tariff dispute, which China has denied
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.
READ MORE: Trump blundered on China tariffs Medvedev
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.
(RT.com)
Get a daily dose of Russia Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Russia Herald.
More InformationBEIJING, China: China's Huawei Technologies is stepping up efforts to challenge U.S. dominance in artificial intelligence hardware,...
NEW YORK, New York - U.S. stocks forged higher and the U.S. dollar regained ground Thursday as investors shrugged off concerns about...
NEW YORK CITY, New York: Colgate-Palmolive posted stronger-than-expected quarterly results and raised its annual sales outlook last...
WASHINGTON, D.C.: President Donald Trump's administration warned over the weekend that it might limit livestock imports from Mexico...
SHANGHAI, China: Carmakers are stepping up their efforts to meet booming demand for long-range hybrids in China, the world's largest...
NEW YORK, New York - U.S. stocks closed mixed Wednesday after it was revealed the economy contracted in the first quarter, while import...
From June 9–13, 2025, France and Costa Rica will co-host the Third United Nations Ocean Conference (UNOC3) in Nice, bringing together...
President Donald Trump previously said his administration is in contact with Beijing over the tariff dispute, which China has denied...
Bengaluru (Karnataka) [India], May 2 (ANI): Karnataka Leader of Opposition (LoP) and BJP leader R Ashoka on Friday said that the murder...
Mumbai (Maharashtra) [India], May 2 (ANI): Shiv Sena (UBT) leader Sanjay Raut criticised Prime Minister Narendra Modi on Friday for...
Nadia (West Bengal) [India], May 2 (ANI): BJP MP Jagannath Sarkar on Friday alleged that Pakistan is sending infiltrators to India...
New Delhi [India], May 2 (ANI): Former Pakistani Foreign Minister Bilawal Bhutto has acknowledged the country's tango with terror operatives,...