China Says There Are No Ongoing Trade Talks With The Us
1. China Confirms No Trade Talks with the US
On April 24, 2025, China’s Ministry of Commerce declared that no economic or trade negotiations are currently underway with the United States. Ministry spokesperson He Yadong emphasized that statements from Washington suggesting a de-escalation were groundless and urged the US to lift all unilateral tariffs if it genuinely seeks a return to equal dialogue.
This firm stance came just days after US President Donald Trump and Treasury Secretary Scott Bessent expressed optimism about renewing trade talks.
2. Trade Tensions Continue to Escalate
Since early April 2025, the US has imposed import tariffs of up to 145% on a range of Chinese goods. In retaliation, China raised tariffs on US goods to 125% and tightened export controls on key strategic minerals.
These tit-for-tat measures have disrupted global supply chains, especially in electronics, high-tech, and manufacturing sectors. Logistics firms, including Hapag-Lloyd, reported up to 30% cancellation rates on China-US routes due to shrinking demand and rising operational uncertainty.
3. Broad Impact on the Global Economy
The implications of US-China trade tensions go beyond bilateral relations and ripple through the global economy. Several major Wall Street banks have lowered their forecasts for China's GDP growth. Meanwhile, investor concerns over a potential US-China military conflict—especially involving Taiwan—are heightening volatility across international markets.
—————————————
Real Logistics Co.,Ltd
👉 Facebook: Real Logistics Co.,Ltd
☎️ Hotline: 028.3636.3888 | 0936.386.352
📩 Email: info@reallogistics.vn | han@reallogistics.vn
🏡 Address: 39 - 41 B4, An Loi Dong, Thu Duc, HCM City
51 Quan Nhan, Nhan Chinh, Thanh Xuan, Ha Noi City
