• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

China open to talks with Trump admin on lowering tariffs, ministry says

by May 2, 2025
written by May 2, 2025

China is ‘evaluating’ an offer from the U.S. to hold talks on tariffs, according to a Friday statement from the Chinese Commerce Ministry. This shift in tone could leave the door open for the world’s two largest economies to deescalate the trade war that has left global markets in turmoil.

‘The U.S. has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China,’ the ministry said in a statement, according to a Reuters translation. The ministry also said that Beijing was ‘evaluating this.’

However, while Beijing appears to be open to negotiations, the Chinese Commerce Ministry warned that it would not be forced into making a bad deal. According to the Reuters translation, the ministry said that ‘attempting to use talks as a pretext to engage in coercion and extortion would not work.’

On Thursday, Treasury Secretary Scott Bessent told Fox Business’ Maria Bartiromo on ‘Mornings with Maria’ that he believed Beijing was looking to reach an agreement with the U.S.

‘I am confident that the Chinese will want to reach a deal. And as I said, this is going to be a multi-step process. First, we need to de-escalate. And then the over time we will start focusing on a larger trade deal,’ Bessent said.

President Donald Trump announced sweeping global tariffs last month. He slapped a 145% tariff on Chinese imports. Meanwhile, Beijing put a 125% tariff on U.S. imports. However, the country recently waived the tariff on a host of American-made products. 

There were already exemptions for some pharmaceuticals, microchips and aircraft engines, but China added an exemption for ethane imports, according to Reuters.

Beijing’s change in messaging regarding the tariffs comes in stark contrast to its April 23 comments during a U.N. Security Council Arria-formula meeting on ‘The Impact of Unilateralism and Bullying Practices on International Relations.’ At that meeting, China accused the U.S. of using tariffs to bully the rest of the world.

‘Under the guise of reciprocity and fairness, the U.S. is playing a zero-sum game, which is essentially about subverting the existing international economic and trade order by means of tariffs, putting U.S. interests above the common good of the international community and advancing hegemonic ambitions of the U.S. at the cost of the legitimate interest of all countries,’ Chinese U.N. Ambassador Fu Cong said in his opening remarks.

A State Department spokesperson told Fox News Digital that the meeting was ‘a waste of U.N. Security Council members’ time.’ The spokesperson also slammed the meeting as an example of China’s manipulation of ‘the multilateral system to support its economic, political, and security interests.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump dubs Dems ‘out of control,’ suggests GOP consider kicking them out of Congress for ‘REAL crimes’
next post
Buttigieg ‘got nothing done,’ Duffy declares: ‘Pete appears unburdened by no longer being a cabinet secretary’

related articles

Vance visits church where Christians believe Jesus was...

October 23, 2025

New poll in key showdown for Virginia governor...

October 23, 2025

Americans could face airport chaos if Dems don’t...

October 23, 2025

Inside Trump’s ultimatum that forced Netanyahu to the...

October 23, 2025

Vance rebukes Israel on ‘very stupid’ vote to...

October 23, 2025

Top Republican slams Katherine Clark for admitting suffering...

October 23, 2025

Vance calls Psaki comments about wife Usha ‘disgraceful’

October 23, 2025

Trump yet to endorse in VA governor’s race...

October 23, 2025

DAVID MARCUS: Trump’s ballroom is no vanity project,...

October 23, 2025

Examining the next threat from Communist China: Our...

October 23, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • ‘Congress must act’: Nonprofit study exposes green energy org’s ties to CCP interests while undermining US

    June 11, 2025
  • DAVID MARCUS: De facto President Trump’s handling of shutdown threat was a masterclass

    December 21, 2024
  • Senate leaves Washington as government shutdown nears 3rd week, military pay at risk

    October 10, 2025
  • Netanyahu shows picture of Bibas family at combat officers’ graduation: ‘Remember what we are fighting for’

    February 23, 2025
  • Musk opens up about dinner party that soured when Trump’s name was invoked: ‘Like methamphetamine and rabies’

    February 19, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,506)
  • Investing (634)
  • Stock (941)

Latest Posts

  • Trump’s tariff power grab barrels toward Supreme Court

    August 4, 2025
  • Trademark dispute emerges over Tiger Woods’ new logo

    September 30, 2024
  • Jill Biden’s ‘work husband’ runs for cover as privilege protection crumbles

    June 26, 2025

Recent Posts

  • How To Invest In Stocks in UK: Guide For Beginner Traders

    July 25, 2024
  • EURUSD AND GBPUSD: EURUSD is holding steady above

    August 12, 2024
  • Walmart says it’s ‘not going to be completely immune’ from Trump’s tariffs

    February 20, 2025

Editor’s Pick

  • Democrats coordinate multi-state response to Trump’s funding freeze

    January 29, 2025
  • In trying to secure Comey indictment, US prosecutors have short window — and a difficult case to make

    September 25, 2025
  • Americans who moved abroad say this big expense isn’t worth it

    August 7, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock