China stated on Wednesday that the United States must stop “threatening” and “coercing” Beijing in order to address ongoing tariff tensions through negotiations. China stressed that this is necessary.
As reported by the Global Times, a representative for the Chinese Ministry of Foreign Affairs named Guo Jiakun told reporters in Beijing that “if the United States truly wishes to resolve issues through negotiations, it should stop threatening and coercing and engage in talks with China based on equality, mutual respect, and reciprocity.”
In response to a statement made by President Donald Trump of the United States, who stated that the tariffs of 145% on Chinese goods are “very high” and will be “significantly reduced but it won’t be zero,” the spokesperson said, “Saying one thing while putting maximum pressure on China is not the right way to engage with China, nor will it work.”
It has been claimed that the current scenario is equivalent to a trade embargo, according to the United States Treasury Secretary Scott Bessent.
In addition, he stated that Washington does not intend to decouple itself from China and that it is possible for both nations to negotiate a comprehensive agreement within two to three years after the initial negotiations.
The first nine months of the fiscal year 2024-25 witness an increase in Pakistan’s exports of rice, pork, and seafood.
Trump made the announcement earlier this month that he would be pausing his “reciprocal” tariffs on imports from dozens of nations, with the exception of China, for a period of ninety days.
Instead, his administration has intensified the trade war with Beijing by increasing import taxes on Chinese goods to as high as 145% to make the situation even more difficult.
The President of the United States has made a threat that the tariffs placed on Chinese goods could be increased to 245%.
