In a potential easing of tensions amid the U.S.-China trade war, Beijing expressed interest in negotiations but insists that the United States must first lift its tariffs on Chinese goods. China's Commerce Ministry emphasized that failing to do so demonstrates a lack of sincerity from Washington and undermines mutual trust. This development comes as tariffs have significantly impacted Chinese manufacturers, with an April report revealing a notable slowdown in factory activity. The ongoing tariff conflict, which dramatically escalated under Trump, continues to destabilize global markets and reflects a deepening economic rift between the two nations.
China's Commerce Ministry stated that it will only engage in negotiations if Washington cancels its tariffs on Chinese goods first, showing firm prerequisites for dialogue.
The trade war has impacted Chinese manufacturing, with an official report indicating that factories faced their sharpest slowdown in over a year, highlighting economic strain.
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