Beijing has stated it remains open to trade talks with the United States following Washington's decision to suspend further tariff increases on other countries. The move effectively maintains existing tariffs on Chinese goods, prompting a response from China emphasizing the need for 'mutual respect' in any future negotiations.
'The door to talks is open,' a government spokesperson stated, adding that constructive dialogue requires a foundation of equality and understanding. The spokesperson reiterated China's commitment to resolving trade differences through peaceful means and finding mutually beneficial solutions.
Analysts suggest that China's willingness to negotiate signals a desire to de-escalate tensions and avoid further economic strain. However, significant hurdles remain in reaching a comprehensive agreement that addresses key issues such as intellectual property protection, market access, and trade imbalances. Further talks are expected to occur in the coming weeks.
China Signals Openness to Trade Talks After U.S. Tariff Pause
China has indicated it's willing to resume trade negotiations with the United States. This comes after the U.S. government paused planned tariff increases on other nations, leaving existing tariffs on Chinese goods in place. Beijing emphasized that any future discussions must be based on mutual respect and understanding. The Chinese government hopes to find a path toward resolving the ongoing trade disputes between the two countries.
Source: Read the original article at CBS