Beijing is evaluating proposals from the United States to begin negotiations on President Donald Trump’s tariffs, signaling a potential thaw in the ongoing trade war between the world’s two largest economies, Al Jazeera reports.
The US has “recently, through relevant channels, actively conveyed messages to China, expressing a desire to engage in talks,” China’s Ministry of Commerce said in a statement on Friday.
“China is currently evaluating this.”
These remarks follow earlier reports in Chinese state media that the Trump administration had “proactively reached out” through multiple channels. Trump’s trade war with China has resulted in a de facto mutual trade embargo, causing anxiety among businesses and investors who fear serious damage to the global economy.
The International Monetary Fund lowered its global growth forecast for 2025 to 2.8 percent, while JPMorgan Chase has estimated a 60 percent likelihood of a US recession this year. Trump has repeatedly claimed that his administration is in negotiations with Beijing, despite previous denials from Chinese officials. On Wednesday, Trump stated there was a “very good chance” he would reach a trade deal with China, provided it was “fair.”
In its Friday statement, China’s Commerce Ministry reiterated that its stance on the trade dispute remains consistent as they consider the US proposals.
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