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China says no ongoing commerce talks with the U.S., requires canceling ‘unilateral’ tariffs

by Index Investing News
April 24, 2025
in Markets
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Metal piled up at Guoyuan Port in Chongqing, China, on April 20, 2025.

Cfoto | Future Publishing | Getty Pictures

BEIJING — China on Thursday mentioned that there have been no discussions with the U.S. on tariffs, regardless of indications from the White Home this week that there could be some easing within the tensions.

“At current there are completely no negotiations on the financial system and commerce between China and the U.S.,” Ministry of Commerce Spokesperson He Yadong instructed reporters in Mandarin, translated by CNBC. He added that “all sayings” concerning progress on bilateral talks ought to be dismissed.

“If the U.S. actually desires to resolve the issue … it ought to cancel all of the unilateral measures on China,” He mentioned.

U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there could be an easing in tensions with China. The White Home earlier this month added 145% tariffs on Chinese language items, to which Beijing responded with duties of its personal and elevated restrictions on vital minerals exports to the U.S.

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