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China and US Weigh Trade Talks Amid Tensions
2025-05-02 16:55:09
China

China and US Weigh Trade Talks Amid Tensions

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Amid ongoing trade tensions, China is evaluating a US offer to engage in tariff discussions. The Chinese commerce ministry has acknowledged multiple overtures from the US, though it stresses the need for American sincerity and the removal of imposed tariffs as prerequisites for talks.

Despite claims from US President Donald Trump about ongoing negotiations, China has denied any current discussions, instead calling for a fair and respectful dialogue. Analysts note that while China's willingness to consider talks is a positive step, it does not signal a softening of their stance.

With both countries imposing significant tariffs on each other, the economic impact remains a concern. As Europe watches closely, the potential resumption of trade negotiations could ease the tariff war, though significant hurdles remain.

Related news on that topic:

China and US in Tariffs Standoff: Conditions for Negotiations

China is contemplating entering trade talks with the United States, but insists that the US first lift its unilateral tariffs on Chinese goods. Beijing is firm in its stance, demanding sincerity from Washington by correcting 'wrong practices' before any meaningful negotiations can take place. Both nations have imposed steep tariffs on each other's imports, escalating economic tensions between them. The US has recently ended a tariff exemption for small parcels, affecting many businesses that rely on low-value imports from China. This move has led some retailers to halt shipments to the US due to increased costs. Despite these challenges, both countries express willingness to negotiate, but remain at odds over the precondition of lifting tariffs. Meanwhile, China's manufacturing sector faces slowdowns, exacerbated by the ongoing trade conflict. As the US and China edge closer to potential negotiations, the European Union finds itself caught between the superpowers, navigating its interests amidst the global tariff war.

EU Proposes 50 Billion Euro Deal to Ease Trade Tensions with USA

The European Union has proposed a 50 billion euro deal to the United States to mitigate ongoing trade tensions. This offer aims to address the trade deficit by increasing imports of American products such as liquefied natural gas (LNG) and soybeans. EU Trade Commissioner Maroš Šefčovič highlighted some progress in negotiations with the US, emphasizing the desire for a balanced and fair agreement. The EU's strategy is to prevent conflict escalation, while firmly rejecting higher tariffs imposed by the Trump administration. The US had previously raised tariffs on European cars, aluminum, and steel, sparking disputes. Šefčovič stated that the EU would not accept these tariffs and warned of retaliatory measures if no agreement is reached. By offering to purchase more US goods, the EU seeks to strengthen transatlantic trade relations and find a mutually beneficial solution to the trade deficit issue.

Read 2 more recent news on this topic

The press radar on this topic:

AFP
2. Mai 2025 um 01:25

Ministry of Commerce: China is Considering US Offer for Talks on Tariff Issues

The Chinese Ministry of Commerce confirms that the US government has sent offers for talks regarding tariff issues. Beijing is currently reviewing these offers but sees the sincerity of the US as a prerequisite for negotiations. China demands that the US correct its 'wrong practices' and lift unilateral tariffs. Otherwise, Washington would be 'completely insincere' and mutual trust would be further damaged. The US and China have been in a trade war with reciprocal tariffs since the beginning of..
The Guardian
2. Mai 2025 um 10:55

China ‘evaluating’ US offer to engage in trade negotiations

China is currently evaluating a US offer to engage in trade negotiations, following claims from Donald Trump that talks were already ongoing. The Chinese commerce ministry indicated that the US has made multiple overtures for discussions, while also denying allegations from US officials suggesting that China initiated talks. Tensions remain high, with each country imposing significant tariffs on the other, although both have begun to ease some restrictions to mitigate the economic impact. China..
Global Economy - South China Morning Post
2. Mai 2025 um 14:00

China’s trade talk comments aim to ramp up pressure on US, analysts say

China has confirmed that the US has reached out to engage in trade talks, but stated that the US must first remove the tariffs it has imposed on China before any formal negotiations can begin. Analysts say this represents a 'positive step' as it outlines China's conditions, but does not reflect a softening of China's position, as Beijing remains in no rush to engage with the US on a potential trade deal.
EL PAÍS
2. Mai 2025 um 14:56

China Expresses Willingness to Study Trade Negotiations with the US

China is evaluating opening trade negotiations with the US, but it sets conditions, such as the US correcting its practices and canceling tariffs. China is sending contradictory signals: on the one hand, it is opening a crack for dialogue; on the other, it is preparing its population for a "prolonged war" and citing Mao Zedong. Analysts believe that China is in no hurry to negotiate, preferring to wait and see how the negotiations with other countries end and what vision of China prevails in the..
CW

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