“
About it reports the newspaper Financial Times.
On Thursday, Beijing also stated that “no economic or trade negotiations between China and the United States are underway”, despite recent signals of mitigation from Washington.
US Finance Minister Scott Bessent recently said that the Trade War was “not constant” and that “both parties should reduce tensions.”
The representative of the Ministry of Commerce of China Hyadun noted that unilateral tariff measures were initiated by the United States. If the US really wants to solve this problem, they must completely abolish all these duties against China and look for solutions through equal dialogue.
Beijing insists that the US should take the first step towards de -escalation to avoid a strict economic break between countries.
China continues to say that “the door to the negotiations”, but its demand for the United States to be the first to cancel duties indicates a tougher position of Beijing.
Against the backdrop of escalation, this month President Donald Trump has introduced additional duties on Chinese goods in the amount of 145%, to which China responded with its duties at 125%. Bessent on Tuesday called it “embargo”.
After that, Trump began to mitigate some measures – made exceptions for smartphones, semiconductors and electronics – and said the US and China are in daily contact.
On Tuesday, he said that duties would “decrease significantly” and the agreement will be concluded “fairly quickly”.
However, on Thursday, the Ministry of Foreign Affairs of China called similar statements “fake news”.
“There were no consultations or negotiations between China and the United States, not to mention any agreement,” said the representative of the NGO Jiakun Ministry.
Read also: Trump declared a “trade war” against all. How does the world react?
Recall:
On April 3, US President Donald Trump imposed 34 percent duties on imports from China in addition to 20%, which he introduced earlier this year.
Subsequently, the United States imposed on China duties of 104%, which came into force on April 9.
From April 10, China has introduced 34% of duties on all imports from the United States.
As of April 10, the United States Duties on Chinese imports were actually 145%.
On April 11, China increased duties on US products to 125% in response to Donald Trump’s actions.
On April 23, Trump declared that duties on Chinese goods will be significantly reduced but will not be zero.
The Trump administration considers the possibility of reducing duties for China from 145% to 50-65% to ease the tension in relations with Beijing.
”, – WRITE: epravda.com.ua
About it reports the newspaper Financial Times.
On Thursday, Beijing also stated that “no economic or trade negotiations between China and the United States are underway”, despite recent signals of mitigation from Washington.
US Finance Minister Scott Bessent recently said that the Trade War was “not constant” and that “both parties should reduce tensions.”
The representative of the Ministry of Commerce of China Hyadun noted that unilateral tariff measures were initiated by the United States. If the US really wants to solve this problem, they must completely abolish all these duties against China and look for solutions through equal dialogue.
Beijing insists that the US should take the first step towards de -escalation to avoid a strict economic break between countries.
China continues to say that “the door to the negotiations”, but its demand for the United States to be the first to cancel duties indicates a tougher position of Beijing.
Against the backdrop of escalation, this month President Donald Trump has introduced additional duties on Chinese goods in the amount of 145%, to which China responded with its duties at 125%. Bessent on Tuesday called it “embargo”.
After that, Trump began to mitigate some measures – made exceptions for smartphones, semiconductors and electronics – and said the US and China are in daily contact.
On Tuesday, he said that duties would “decrease significantly” and the agreement will be concluded “fairly quickly”.
However, on Thursday, the Ministry of Foreign Affairs of China called similar statements “fake news”.
“There were no consultations or negotiations between China and the United States, not to mention any agreement,” said the representative of the NGO Jiakun Ministry.
Read also: Trump declared a “trade war” against all. How does the world react?
Recall:
On April 3, US President Donald Trump imposed 34 percent duties on imports from China in addition to 20%, which he introduced earlier this year.
Subsequently, the United States imposed on China duties of 104%, which came into force on April 9.
From April 10, China has introduced 34% of duties on all imports from the United States.
As of April 10, the United States Duties on Chinese imports were actually 145%.
On April 11, China increased duties on US products to 125% in response to Donald Trump’s actions.
On April 23, Trump declared that duties on Chinese goods will be significantly reduced but will not be zero.
The Trump administration considers the possibility of reducing duties for China from 145% to 50-65% to ease the tension in relations with Beijing.