There are no Trump tariff talks-eleventh years, China says

Photo of author

By [email protected]


US President Donald Trump answers journalists ’questions after leaving the Navy at the White House in Washington, DC, on April 27, 2025.

Ken Sidino Reuters

China On Monday, he denied that he was talking to be resolved tariff War with weAfter a series of statements by the president Donald Trump And his assistants suggest Commercial negotiations It was ongoing.

“Let me again explain that China and the United States do not participate in any consultation or negotiations on definitions,” Chinese Foreign Ministry spokesman Gu Jiakon told a news conference.

It seems that strength refuses to claim Trump, in An interview over time Last week, Chinese President Xi Jinping called him.

The spokesman said: “As far as my knowledge, there were no calls to the presidents recently,” the spokesman said.

The last blanket denial was in line with Beijing’s militant position against Trump’s huge tariff by 145 % on imports from China, a great resource for American commodities.

Trump administration officials, including Treasury Secretary, Scott Pesint, insist that the United States is in a better position to win a more trade war than China.

But American business owners and analysts raise warning devices that can lead an effective trade blockade with China soon Large economic consequencesIncluding high prices, lack of products and store closure.

Read more CNBC policy coverage

Against that background – and the last Trump claim His administration must finish formulating new trade deals with many countries in less than three or four weeks – some American officials have expressed more openness to a dialogue with Beijing.

“Every day, the Minister of Agriculture in Trump said in a conversation with China.”

When he told us that the Chinese deny this, Rollins said, “Well, according to our team in Washington, the talks are continuing with regard to the complications of trade and complications of commercial goods that come out and enter.”

She said: “The minimum with China is: They need us more than we need.”

In response to a question on Sunday, why will China refuse that negotiations are ongoing, Bessin said: “Well, I think they are playing for a different audience.”

He said he was pressed to explain if the conversations were already taking place, “We have a process in place. Once again, I think these Chinese definitions are not sustainable.”

Bessent predicted last week that “Canceling the escalation“With China came in” the very near future. “

On Monday morning, he referred to this possible escalation to help explain the reason for his concern after that American consumers can soon face empty stores.

“Not at the present time,” Pesin said in Fox News, when asked whether he was concerned about “empty shelves.”

“We have some great retailers. I assume they have been arranged in advance. I think we will see some flexibility and I think we will see alternatives, and then we will see how quickly the desire to escalate.”

In a separate interview on Monday morning on “Squawk Box” from CNBC, bessent put responsibility for this escalation in China, before saying he would not negotiate through the press.

China has constantly demanded that Trump, who occupied the customs tariff as a strong negotiation tool and a way to stimulate government revenues, is to cancel overwhelming import taxes.

“If the United States really wants to solve the problem … it must cancel all unilateral measures on China.”

This statement, which was translated from Mandarin by CNBC, was in itself a response to Trump’s claim On Thursday, US and Chinese officials “held a meeting this morning.”

“We meet with China,” Trump told reporters.

One day, Trump said that US officials “were” speaking with China.

Do not miss these ideas from CNBC Pro



https://image.cnbcfm.com/api/v1/image/108137263-17458428742025-04-27t233937z_1435157061_rc2n6eans3f7_rtrmadp_0_usa-trump.jpeg?v=1745878403&w=1920&h=1080

Source link

Leave a Comment