Reported about 21 hours ago
China's Ministry of Commerce revealed that Beijing is assessing recent trade negotiation overtures from the U.S. However, the significant tariffs imposed by Washington, which can reach up to 145%, are seen as a major hurdle that erodes trust. While China remains open to discussions, it demands reciprocity and genuine action from the U.S., especially regarding tariff reductions. Tensions persist as both nations grapple with trade policies affecting their economies, with China recently implementing its own tariffs in response to U.S. measures.
Source: YAHOO