U.S.-China tariff discussions are once more denied, as per Chinese embassy statement, contradicting President Trump's recurring assertions.
Hold Up on Those Tariff Talks, Says China
In a bold move, China has flat-out denied any negotiations or discussions regarding tariffs with the United States, in a statement released on social media over the weekend. The Chinese embassy in Washington categorically declared such assertions as "pure BS" (that's our translation).
The embassy's statement asserted, "Sorry to burst your bubble, but there's been no Tariff-Talk-Thon between China and the US. Not a single peep—nada, zilch!"
Amidst this back-and-forth, President Trump made some controversial claims in a Time magazine interview published on Friday and at Pope Francis' funeral, stating that he had indeed engaged in detailed conversations about tariffs with Chinese President Xi. However, Trump didn't spill the beans on the timeline or any specifics—that'll come later, he promised.
This latest round of claim-and-denial is just the latest in a series of back-and-forths between the two nations in the past few days.
Expert Insights:- This tense trade situation is pretty consistent with broader US efforts to address trade deficits through reciprocal tariffs and trade practices, as outlined in recent U.S. trade policy memoranda[1].- The tariffs game between the U.S. and China is heating up, with the US imposing tariffs of up to 145% on some Chinese imports, and China retaliating with tariffs of up to 125% on U.S. products[2].- China has repeatedly called for the cancellation of U.S.-imposed tariffs as a prerequisite for any meaningful talks[2].
So, folks, looks like there's no actual smoking gun evidence that the U.S. and China are buddying up at the tariff table just yet. Stay tuned for those mind-blowing revelations promised by President Trump!
- The Chinese embassy in Washington has denied any talks or discussions about tariffs between China and the United States, terming the reports as "pure BS."
- Despite President Trump's claims of detailed conversations about tariffs with Chinese President Xi, no specifics or timeline have been provided.
- Theicate negotiation over tariffs between China and the U.S. has become a significant aspect of general news and politics, influencing trade diplomacy globally.
- The Pope, being a non-political figure, was a surprising venue for President Trump to discuss trade matters, even though it is uncertain if such talks occurred.
