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Tuesday, July 29, 2025

China seeks tariff talks after name between Trump and Xi cancelled

BusinessChina seeks tariff talks after name between Trump and Xi cancelled

China has referred to as for recent talks with the US after a name between Donald Trump and Xi Jinping was cancelled amid a deepening commerce conflict between the world’s largest economies.

Beijing expressed its “resolute opposition” to US tariffs on its exports and referred to as for “dialogue” to resolve commerce variations.

Mr Trump and Xi cancelled a scheduled cellphone name on Tuesday after China introduced retaliatory tariffs on the US.

The US president stated he was in “no rush” to carry talks.

China’s overseas ministry spokesman Lin Jian stated China “expresses robust dissatisfaction and resolute opposition” to the US tariffs.

As an alternative, Mr Lin stated China desires “honest and mutually respectful dialogue and consultations”.

China’s Ministry of Commerce introduced on Tuesday a 15pc tariff on US coal and liquefied pure gasoline merchandise, in addition to a 10pc tariff on crude oil, agricultural equipment and large-displacement vehicles.

The announcement got here minutes after an extra 10pc tariffs by the US in opposition to Chinese language exports to the American economic system got here into impact.

Mr Lin stated: “The measures taken by China are essential to safeguard its legit rights and pursuits.

“There are not any winners in a commerce conflict or a tariff conflict.”

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