China is evaluating overtures from the U.S. for trade talks amid rising tariffs. China's Commerce Ministry emphasizes that any dialogue must be sincere, urging the U.S. to address its 'erroneous' tariff actions. Currently, Chinese imports face a 145% tariff, while U.S. goods face 125%. Officials on both sides acknowledge a downturn in trade, with the U.S. asserting that China is interested in negotiations. However, China maintains it will only engage if the U.S. demonstrates its willingness to rectify the tariffs, ensuring mutual trust remains intact.
"If the U.S. side wants to talk, it must show sincerity and be prepared to correct its erroneous actions and cancel its unilateral tariff increases."
"China's position on the issue has been consistent: If it's a fight, we'll fight. If it's talks, the door is open."
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