bilateral trade negotiations

Trump Claims Xi Tariff Talks; China Denies

Despite President Trump confirming a phone call with Chinese President Xi Jinping amid escalating tariff tensions, the Chinese Ministry of Commerce denies any ongoing trade negotiations between the two countries. The U.S. has levied tariffs as high as 145% on Chinese imports, prompting retaliatory tariffs from China. Trump, however, claims to have brokered 200 new trade deals with other countries and anticipates announcing these agreements soon. He views even high tariffs as a potential “total victory” for the U.S., suggesting significant economic benefits.

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China Rejects US Trade Talks, Demands Tariff Cancellation

Despite recent White House suggestions of de-escalation, China’s Ministry of Commerce and Foreign Ministry have unequivocally stated that no economic or trade negotiations with the U.S. are currently underway. Both ministries emphasized that any purported progress on bilateral talks is inaccurate. China insists that the U.S. must rescind all unilateral measures against China before any discussions can commence. This firm stance follows recent tariff increases imposed by both nations.

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