China’s leaders seem to be softening on their resistance to trade talks amid President Trump's tariff war but stressed that negotiations must be rooted in "sincerity."
“China has noticed that the senior leadership of the United States has repeatedly stated that it is willing to negotiate with China on tariff issues,” a spokesperson for the Chinese Ministry of Commerce said in a Friday release.
“At the same time, the United States has recently taken the initiative to convey information to China through relevant parties, hoping to talk to China. In this regard, China is evaluating it,” they added.
Beijing has consistently fought back since the Trump administration imposed an added 125 percent tariff on the nation on top of an existing 20 percent import tax. In response to the retaliatory measures, China levied a similar 125 percent tariff on goods coming from the U.S.
“China's position is consistent, fighting, accompanying to the end; talking, the door is open. The tariff war and the trade war were unilaterally launched by the United States,” a ministry spokesperson said.
“If the United States wants to talk, it should show the sincerity of the talks,” they added, urging U.S. leaders to cancel current tariffs.
Chinese leaders have slammed Trump in recent weeks for fluctuating trade policies. Last month, the president issued a 90-day pause on reciprocal tariffs for most foreign trading partners but notably excluded Beijing. The move jolted global and domestic markets, sparked concerns over a potential recession in the U.S. and spurred a level of uncertainty for investors.
China, one of the U.S.'s largest trading partners, has said if the Trump administration does not make strides toward changing course it will “further undermine” trust between the world's two largest economies.
“It doesn't work in China to say one thing, do one thing, and even try to engage in coercion and blackmail under the guise of talk,” a Commerce Ministry spokesperson said Friday.
In addition to their public exchanges with the U.S., leaders in Beijing have warned that they believe Trump's trade policies violate the World Trade Organization’s standards and will report wrongdoings accordingly.
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