China’s commerce ministry stated that the US has approached China to negotiate over President Trump’s 145% tariffs, indicating a possible de-escalation of the trade war. China is open to talks but demands that the US correct its “erroneous” practices and cancel unilateral tariffs, showing sincerity in negotiations. Beijing has criticized the tariffs as bullying and ineffective against China’s economic rise, rallying public and global opposition to the US import restrictions.
Business News
It is the USA that is eager to negotiate on tariffs with China
US seeks talks on Trump's 145% tariffs; China demands sincere negotiations, criticizes tariffs as bullying, signals trade war de-escalation.
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