Experts believe that the situation between the two largest economies in the world may undergo positive changes. China has expressed its intention to hold trade negotiations with the United States, marking the country’s first step following the tariff increases imposed by President Donald Trump last month.
This is reported by Finway
In particular, representatives from China’s Ministry of Commerce emphasized that American officials have repeatedly stated their willingness to engage in dialogue with Beijing regarding tariffs and urged officials in Washington to demonstrate
“sincerity”
towards China. The ministry noted that
“the US recently sent a message to China through relevant parties, hoping to initiate talks with China. China is currently evaluating this”
.
Bloomberg journalists pointed out that China’s statement indicates the possibility of a shift in the situation between the two nations after Trump raised American tariffs to the highest level in the last 100 years, to which Beijing responded with similar measures. However, both countries still have a long way to go to move negotiations off dead center. Trump has repeatedly emphasized that President Xi Jinping must contact him to begin discussions on tariffs.
Earlier this week, Treasury Secretary Scott Bessent noted that
“it is Beijing that must take the first step towards de-escalating the dispute”
. Meanwhile, former consultant to China’s Ministry of Commerce John Gong compared the recent gesture to
“the first rain after a long drought”
, highlighting that it signifies
“approval from the very top of the Chinese leadership”
.
According to Gong, China is preparing for negotiations, and discussions are currently underway regarding who will lead the talks, what the strategy will be, and the model of relations with Washington. These aspects are likely being intensely debated at a high level right now.