Beijing: China announced it will not engage with what it described as the United States' "tariff numbers game," following a White House statement outlining tariffs of up to 245% on Chinese goods due to retaliatory measures.
The U.S. administration's recent fact sheet detailed the breakdown of these tariffs, which include a 125% reciprocal tariff, 20% linked to the fentanyl crisis, and additional levies ranging from 7.5% to 100% targeting unfair trade practices.
President Donald Trump recently imposed new tariffs on all countries, but soon rolled back the higher "reciprocal tariffs" for many, while maintaining harsh duties specifically on China. In response, Beijing raised its own tariffs on U.S. imports and reiterated that it would only consider trade talks grounded in mutual respect and equality.
China also lodged a fresh complaint with the World Trade Organization (WTO), accusing the United States of breaching global trade norms.
In a surprising move, China appointed Li Chenggang, its ambassador to the WTO, as the new trade negotiator, replacing Wang Shouwen. This signals a potential shift in approach amid rising trade tensions.
The White House said President Trump remains open to a trade deal with China, but insists that Beijing must make the first move, with Trump stating that "China needs our money."
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