“The United States and China are not engaged in consultations or talks on the tariff issue,“ Guo Jiakun, a spokesperson for the ministry, said at a press briefing.
such negotiations.
exemptions on some U.S. imports.
Multiple rounds of tariff hikes and retaliative measures have raised U.S. tariffs on Chinese goods to 145% and China's on U.S. imports to 125%, upending the operations of many businesses on both sides.
reported, whereas China said the U.S. should cancel all “unilateral” tariffs if it wanted to solve the trade issue.
Tit-for-tat tariffs that began with U.S. President Donald Trump's announcement of hefty import levies on April 2 had threatened to stall trade between the world's two biggest economies and sparked fears of a slowdown in global growth.
The moves were the latest signs that the world's two largest economies were prepared to rein in their trade war.
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