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China and US Trade Talks: Obstacles and Conditions
2025-05-02 10:30:10
Asia
Business
Politics

China and US Trade Talks: Obstacles and Conditions

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China is considering US offers for trade discussions, yet unilateral tariffs present a significant barrier. Beijing is willing to negotiate, but insists that the US must first rectify its trade practices and eliminate these tariffs.

In response to US measures, China has implemented its own tariffs and limited exports of specific minerals. The Chinese government maintains a firm stance against coercion, emphasizing the need for tangible actions from the US to resolve the trade conflict.

Recent developments have stirred market reactions, with significant declines in cryptocurrency values following denials of ongoing talks. As global trade uncertainty persists, the implications of these negotiations resonate through financial markets.

Related news on that topic:

China Weighs US Proposal for Tariff Talks

China is considering a US proposal to initiate discussions on tariffs, a move that could signal a shift in the ongoing trade dispute. The Chinese Ministry of Commerce has acknowledged the US's willingness to negotiate but insists on sincerity from Washington, particularly through the removal of existing tariffs. Currently, US tariffs on Chinese imports stand at 145%, while China has imposed 125% tariffs on US goods. Despite President Trump's optimism about reaching an agreement, China remains firm that negotiations should not be leveraged for coercive diplomacy. Beijing has expressed readiness to engage in dialogue but emphasizes the need for mutual respect and fairness. The trade war has sparked global economic concerns, with institutions like the IMF warning of potential recession risks. While China is open to de-escalation, it is also prepared to respond decisively if necessary, aiming to mitigate the adverse effects of the trade conflict on its economy.

Trade Tensions and Diplomatic Moves Amid Tariff Challenges

Recent developments highlight the ongoing trade tensions between the United States and China. The US Senate's bipartisan effort to undo Trump’s tariffs ended in a tie, reflecting the complexities of political support. Despite private hesitations among some Republican senators, the White House's firm stance against dismantling tariffs remains evident. Concurrently, the US has reached out to China for discussions on these tariffs, with officials expressing hope for a resolution. China, while publicly opposing the tariffs, has quietly exempted certain US products from retaliation. President Trump has indicated that trade agreements could materialize within weeks, although he insists that tariffs will not be lifted without concessions from China. Meanwhile, China is strategically lifting sanctions on European members amidst this tariff war. As these negotiations unfold, the global trading landscape continues to evolve, with projections indicating an increase in US-China goods trade despite existing tensions.

Read 21 more recent news on this topic

The press radar on this topic:

EuroNews
2. Mai 2025 um 04:26

China evaluating US offers for trade talks but tariff obstacle remains

China is evaluating offers from the US for trade talks, but says unilateral US tariffs remain an obstacle. China is open to negotiations, but will only engage if the US shows sincerity by correcting its trade practices and canceling tariffs. Beijing has responded to US tariffs by raising its own duties and restricting exports of certain minerals to the US. China emphasizes that it will not be coerced or blackmailed, and that the US must take concrete action to address the trade dispute.
Berliner Zeitung
2. Mai 2025 um 03:53

Tariffs: China considers talks with Trump - but there's a catch

China is currently reviewing an offer from the US government for talks on tariff issues. However, Beijing is setting conditions for such negotiations, stating that the US must first correct its 'wrong practices' and lift the unilateral tariffs. Otherwise, the US side would be 'completely insincere'. Meanwhile, the US government has introduced a significantly higher tariff rate on packages from China, which is primarily aimed at online retailers.
The Street
7. Mai 2025 um 14:53

China denies trade talks with U.S., sends markets lower

China denied ongoing trade talks with the U.S., contradicting earlier comments from President Trump. This news dampened investor hopes and triggered a broad sell-off across crypto and equity markets. Bitcoin and Ethereum prices fell, and the total crypto market cap dropped below $3 trillion. The Chinese government dismissed any suggestions of progress and called for the cancellation of U.S. tariffs as a prerequisite for talks. The situation appears far from resolved, with fresh uncertainty in..
Asia Times
1. Mai 2025 um 23:28

Stirred but not shaken

Market reactions to the Trump administration's recent tariff threats have been muted, with Chinese markets displaying little volatility due to their limited trade reliance on the U.S., suggesting overblown fears of economic disruption. Meanwhile, U.S.-led peace efforts in the Russia-Ukraine war are struggling, with President Putin framing Ukraine as the obstacle to peace as Russian forces make advances. Additionally, Japanese Prime Minister Ishiba’s diplomatic visits to Vietnam and the Philipp..
CW

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