China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs

China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs


Steel piled up at Guoyuan Port in Chongqing, China, on April 20, 2025.

Cfoto | Future Publishing | Getty Images

BEIJING — China on Thursday said that there were no ongoing discussions with the U.S. on tariffs, despite indications from the White House this week that there would be some easing in the tensions.

“At present there are absolutely no negotiations on the economy and trade between China and the U.S.,” Ministry of Commerce Spokesperson He Yadong told reporters in Mandarin, translated by CNBC. He added that “all sayings” regarding progress on bilateral talks should be dismissed.

“If the U.S. really wants to resolve the problem … it should cancel all the unilateral measures on China,” He said.

U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in tensions with China. The White House earlier this month added 145% tariffs on Chinese goods, to which Beijing responded with duties of its own and increased restrictions on critical minerals exports to the U.S.

The commerce ministry’s comments echoed those of Chinese Foreign Ministry Spokesperson Guo Jiakun, who said on Thursday afternoon that there were no ongoing talks, according to state media.

Both spokespersons held to the official line that China would be willing to talk to the U.S. subject to Beijing being treated as an equal.

Weekly analysis and insights from Asia’s largest economy in your inbox
Subscribe now



Source

Follow the action as Berkshire’s shareholder meeting marks a new era without Buffett at the helm: Live updates
World

Follow the action as Berkshire’s shareholder meeting marks a new era without Buffett at the helm: Live updates

To watch the meeting in the Mandarin translation, click here. CNBC will be livestreaming the Berkshire Hathaway annual shareholder meeting on Saturday, beginning with a pre-show at 9:15 a.m. ET. Warren Buffett has loomed large at the company’s annual gatherings, and this will be a key challenge as new CEO Greg Abel takes center stage […]

Read More
Long-duration equities and renewable energy — four investment strategies from the studio
World

Long-duration equities and renewable energy — four investment strategies from the studio

Key Points Joachim Klement, Head of Strategy at Panmure Liberum believes there are opportunities in long-duration equities such as utilities and real estate. Klement also says higher energy and chip prices will eventually catch up with hyperscalers. Chris Iggo, CIO for Core Investments at BNP Paribas Asset Management sees Japanese equities as being attractive. Iggo […]

Read More
Germany urges stronger European defense after U.S. reduces troops
World

Germany urges stronger European defense after U.S. reduces troops

Soldiers from the US Army in a simulated village during the Combined Resolve “Greywolves” exercise at the US military Hohenfels Training Area in Hohenfels, Germany, on Thursday, April 30, 2026. Photographer: Alex Kraus/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images A planned drawdown of U.S. troops from Germany should spur Europeans to strengthen […]

Read More