The ongoing trade war between the U.S. and China has reached a critical juncture, with China officially denying any negotiations with the Trump administration. China's Foreign Ministry has publicly countered U.S. claims, emphasizing that any talk of negotiations is misleading. Analysts suggest that China believes it can withstand the trade war's impacts better than the U.S., especially given domestic political volatility in America. Beijing is unwilling to negotiate without prior concessions, showing a determined stance from President Xi Jinping in this standoff against President Trump.
China firmly rejects claims of ongoing trade negotiations with the U.S., asserting that any suggestions of talks are misleading and a misunderstanding of the situation.
Analysts suggest that China feels it can endure the consequences of the trade war more effectively than the U.S. due to political tensions and market instability.
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