OR China wants to see a series of steps from the government’s government USA Donald Trump before agreeing to commercial talks, including the demonstration of greater respect, limiting the derogatory comments of his cabinet members, according to a source cited by Bloomberg.
Other conditions include a more consistent US position and a willingness to address China’s concerns about US sanctions and Taiwan, a man said near the Chinese government who asked not to be named.
Beijing also wants the US to appoint a reporting person for talks, which will be supported by the President and will be able to help prepare an agreement that Trump and Chinese leader Xi Jinping can sign when they meet, the person said.
The fate of the global economy and financial markets depends to a large extent on whether the US and China can find a way to avoid a prolonged trade war. Trump threatened China today (16.4.2025) with 145% duties Most of the goods since he took over his duties, causing Beijing to retaliate and threaten to eliminate most of the trade among the world’s largest economies.
Wan won 0.2% against the dollar in the aftermath of the report. The Australian dollar, a Chinese currency – also rose 0.5%. Futal fulfillment contracts of the S&P 500 reduced losses from 1.6% at today’s meeting.
The rapid attack on US duties has caused widespread public support in China for retaliation, giving Si a political incentive to repel Trump’s repeated demands for telephone communication. The American leader called on China on Tuesday to reach him in order for the negotiations to start resolving the trade.
It is not clear what will cause an important discovery to move the conversations. While both sides have stated that they are open to negotiations, Trump appears determined to immediately take Si on the phone, while China wants every debate among the leaders to produce a clear result.
Even then, if they agree in the process, there are still fundamental questions about how any agreement will look like. Trump’s demands remain unclear and duties in China should remain high to achieve its goal of balancing trade and attracting manufacturers to the US.