China Rejects US Tariff Cuts Amid Ongoing Trade Tensions

Reported about 14 hours ago

China has firmly rejected US trade proposals, insisting on the removal of all tariffs while dismissing any claims of progress in negotiations. As tensions escalate between the two nations, Treasury Secretary Scott Bessent stated that tariff reductions must occur before formal talks can commence. Despite President Trump's hints at potential tariff reductions, China's stance remains cautious, emphasizing that any dialogue must be grounded in mutual respect and benefits.

Source: YAHOO

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