China says that Trump-XI tariff talks are not underway


US President Donald Trump answers reporters' questions after leaving Marine One in the White House in Washington, April 27, 2025.

Ken Cedeno Reuters

China On Monday, he once again denied that he was talking about solving his own tariff War with USAfter a series of president's statements Donald Trump and his helpers suggest commercial negotiations They were ongoing.

“Let me explain once again that China and the USA are not involved in any consultations or negotiations on tariffs,” a spokesman for the Chinese Ministry of Foreign Affairs said at a press conference.

Guo also seemed to reject Trump's claim in Interview with time Last week, China President XI Jinping called him.

“As far as I know, there have been no connections between two presidents lately,” said the spokesman.

The last Kocowe denial was in line with the hard attitude of Beijing compared to the huge 145% Trump tariffs for imports from China, the best supplier of American goods.

Trump administration officials, including the Secretary of Treasury Scott Bessent, insist that the United States would be better to win a trade war than China.

But American company owners and analysts raise alarms that effective trade embargo with China may soon lead Main economic consequencesincluding higher prices, product shortages and shop closes.

Read more coverage of CNBC policy

Against this background – and the recent Trump law The fact that his administration will end with the creation of new trade agreements with many countries in just three or four weeks – some American officials expressed greater openness to dialogue with Beijing.

“We talk to China every day,” said Agricultural Secretary of Trump, Brooke Rollins on Sunday.

After saying that the Chinese deny it, Rollins said: “According to our team in Washington, talks regarding multiple of trade, multiples of commercial goods that come out and enter.”

“The most important thing is: they need us more than they need them,” she said.

Asked on Sunday why China would deny that the negotiations are pending, Bessent said: “I think they play with another audience.”

Pressed to explain if the conversations are actually happening, he said: “We have a process. And again I think that these Chinese tariffs are unbalanced.”

Bessent predicted last week that A “deester“China arrived in the” very nearest future. “

On Monday morning, he pointed to this potential deescitation to help explain why he was not afraid that American consumers could soon face empty shelves in the store.

“Currently not,” said Bessent in Fox News, asked if he was concerned about “empty shelves”.

“We have several great retail sellers. I assume that they organized in advance. I think we will see some flexibility and think that we will see substitutes, and then we will see how quickly the Chinese want to de-de-depress,” Bessent said.

In a separate interview on Monday morning at the “Squawk Box” CNBC Bessent put the burden of this deesia in China before he said that he would not negotiate via the press.

China consistently demanded that Trump, who maintained the tariffs both as a powerful negotiating tool and a way to collect government income, scrapping his wide import taxes.

“If the US really want to solve the problem … they should cancel all unilateral resources in China,” said a spokesman for the Chinese Ministry of Trade last week.

This statement, translated from Mandarin by CNBC, was the answer itself Trump's claim On Thursday that we and Chinese officials “had a meeting this morning”.

“We met with China,” Trump told reporters, refusing to determine who meets whom.

The day before, Trump said that US officials “actively” talk to China.

Do not miss these observations with CNBC PRO



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *