China is considering proposals from the U.S. to commence trade talks, potentially setting the stage for negotiations between the two foremost global economies aimed at resolving an ongoing trade conflict that has unsettled financial markets and hindered worldwide economic growth.
According to a statement released Friday by a commerce ministry spokesperson, high-ranking U.S. representatives have made multiple efforts through various channels to initiate tariff discussions with China.
The U.S. has formally approached China to discuss President Donald Trump’s imposition of 145% tariffs, and the Chinese Commerce Ministry confirmed its willingness to engage in dialogue, signaling a possible easing of trade tensions.
Beijing has vocally criticized these tariffs, condemning them as unjust and an attempt at economic coercion, arguing that such measures will not deter its economic ascent. Instead, China has focused its efforts on galvanizing both domestic and international opposition to Washington’s trade restrictions.
This year, President Trump has enforced a 145% tariff on Chinese imports, prompting a retaliatory response with China levying 125% tariffs on American goods. In an attempt to mitigate the economic fallout, both countries have allowed exemptions on certain essential commodities.
In the U.S., key figures such as Treasury Secretary Scott Bessent and White House economic adviser Kevin Hassett have remained optimistic about alleviating trade frictions. On Wednesday, President Trump expressed confidence in the potential for a U.S.-China trade agreement shortly after Chinese President Xi Jinping urged officials to adapt to evolving international conditions, albeit without directly referencing the United States.