China denied commercial conversations with the US and asked to cancel tariffs

China denied commercial conversations with the US and asked to cancel tariffs

Spokesmen of the Ministry of Commerce and Foreign Relations of China denied that there are negotiations with the US and asked to cancel tariffs to facilitate dialogue between the two countries.

China said there are no conversations with the United States On high tariffs, despite the fact that recent statements from the White House generated hopes of a reduction in commercial tensions between the two largest economies in the world, according to CNBC.

A spokesman from the China Ministry of Commerce indicated that “There is currently absolutely no economic and commercial negotiation between China and the USA. “, reported CNBC. The spokesman said that” all statements “regarding possible advances in discussions must be discarded, according to the financial news channel. Beijing also urged the US to” cancel all unilateral measures “if you want to” solve the problem, “according to CNBC.

The spokesman of the Chinese Ministry of Foreign Affairs, Guo Jiakun said: “China’s attitude towards the tariff war launched by the United States is very clear. We do not want to fight, but we are not afraid. If we fight, we will do it until the end. If we talk, the door is open“Jiakun said, adding that they are willing to dialogue “From equality, respect and mutual benefit”.

“To say that he wants to reach an agreement with China while constantly exerting extreme pressure It is not the right way to address the situation With China and will not work, “he added.

Donald Trump sowed the suspicions of an agreement

Speaking to journalists on Wednesday, US President Donald Trump said he seeks to ensure a “fair agreement” with China on Commerce, although he did not offer specific details about possible negotiations with Beijing.

Trump made China one of the central objectives of their aggressive tariffs, raising import taxes from the country to at least 145%. This has caused a reprisal response from China, which increased tariffs on US products up to 125%.

Donald Trump.jpg

Trump made China one of the central objectives of his aggressive tariffs

Trump made China one of the central objectives of his aggressive tariffs

AFP

US Treasury Secretary Scott BesentHe indicated that these high tariff levels should be reduced before conversations can move forward, but emphasized that Trump would not take such a measure on his own.

“None of the parties believes that these levels are sustainable,” Besent said. This comment contributed partially up to Wall Street on Wednesday.

The statements arise after the Wall Street Journal reported that the White House was considering reducing its punitive tariffs on China to a minimum of 50% to facilitate negotiations.

Source: Ambito

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