China denied Thursday the statement of the president of the United States, Donald Trump, that the two parties were involved in active tariff negotiations, and said that the United States should revoke their unilateral tariffs against the nation.
China’s setback on tariffs, with the import tariffs of the United States now high as 145% in products made by China, occurs after Trump said Tuesday that the final rate rate in China’s goods would be reduced “substantially.” But Beijing said Thursday that any suggestion of progress in this matter was as fundamental as “trying to catch the wind.”
The commercial war between China and the United States has increased the duration in recent weeks, with each nation walking through its import tariffs several times in a Tit -for -ot. But the Trump administration this week has provided some signs that they are interested in a commercial pact, and Treasury Secretary Scott Besent said Wednesday that the Trump administration has an “opportunity for a big problem” in trade between the United States and China.
And Trump had told reporters at the beginning of the week that “everything is active” when asked if he was involved with China, all Besent had said that there are no formal negotiations.
“China’s position is consistent and we are open to consultations and dialogues, but any form of consultations and negotiations must be carried out in the basis of mutual respect and in the same way,” said the spokesman for the Ministry of Commerce, He Yadong. “Any statement about the progress of the United China-United States commercial negotiations is unfounded, since they try to catch the wind and does not have an objective basis.”
Trump had 145% tariffs in China imports, while China responded with 125% tariffs in US products. While Trump has given other countries a 90 -day break about tariffs, while their leaders promised to negotiate with the United States, China remained the exception.
Instead, Beijing raised his own tariffs and deployed other economic measures in response while promising “fighting until the end.” For example, China restricted exports of rare earth minerals and raised multiple cases against the United States in the World Trade Organization.
China also made it clear that conversations should involve the cancellation of all the rates that it currently faces.
“The United States initiated the measures of increasing unilateral rate. If the United States really wants to solve the problem, it should face the rational voices of the international community and all parties at home, cancel the measures to take again through the same dialogue,” said the spokesman.
Despite the level -level economic measures against China, Trump said Tuesday that it would be “very pleasant” and would not play hard with Chinese President Xi Jinping.
“We are going to live together we work together very happy and idically,” Trump said.
