BANGKOK (AP) — In a significant development in the ongoing China-U.S. trade relations, China firmly denied U.S. President Donald Trump's assertion that both nations were engaged in active negotiations over tariffs. The Chinese government characterized any claims of progress in these discussions as unfounded, equating such suggestions to “trying to catch the wind.”
President Trump had previously stated that the final tariff rate on Chinese exports would decrease “substantially” from the current level of 145%. However, China’s Ministry of Commerce spokesman, He Yadong, clarified their stance, emphasizing that China is open to “consultations and dialogues.” He added that any form of negotiations must be based on mutual respect and equality.
He Yadong stated, “Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis.” This response comes in the wake of Trump's remarks earlier in the week, where he indicated that “everything’s active” regarding discussions with China. However, his Treasury Secretary contradicted this by confirming that no formal negotiations were taking place.
In the ongoing tariff battle, President Trump imposed a 145% tariff on imports from China, prompting Beijing to retaliate with a 125% tariff on U.S. goods. While Trump has granted a 90-day pause on tariffs for other countries willing to negotiate, China has not been afforded the same consideration. Instead, China has escalated its own tariff measures and implemented various economic strategies in response.
China's response included restrictions on exports of rare earth minerals and filing complaints against the U.S. at the World Trade Organization (WTO). Beijing has also made it clear that any future talks must involve the cancellation of all existing tariffs it faces.
He Yadong further remarked, “The unilateral tariff increase measures were initiated by the United States. If the United States truly wants to resolve the problem, it should acknowledge the rational voices from the international community and all parties at home. The U.S. must completely cancel all unilateral tariff measures against China and seek to resolve differences through equal dialogue.”
Despite the ongoing tensions and economic measures taken against China, President Trump expressed a desire for amicable relations. He stated on Tuesday that he would be “very nice” and would not play hardball with Chinese President Xi Jinping. Trump emphasized, “We’re going to live together very happily and ideally work together,” showcasing his hope for a cooperative future despite the current trade challenges.
