London Daily

Focus on the big picture.
Saturday, Aug 29, 2026

Beijing Says U.S. Is ‘Reaching Out’ for Tariff Talks Amid Soaring Trade Tensions

Chinese State Media Claims Washington Is “More Anxious,” as Record-High Tariffs Rattle Global Markets

The United States has been proactively reaching out to China to resume talks on escalating tariffs, according to a Chinese state media outlet with ties to Beijing’s central leadership. The development signals a possible diplomatic opening in an intensifying trade standoff that has disrupted markets and global supply chains.

The claim was made Thursday by Yuyuan Tantian, a media channel affiliated with China’s state broadcaster CCTV, which cited unnamed sources. The outlet said U.S. officials had approached their Chinese counterparts “via multiple channels” to restart negotiations over steep tariff hikes on both sides.

“From a negotiation standpoint, the U.S. is currently the more anxious party,” the outlet stated on Weibo, China’s version of X, formerly known as Twitter. “The Trump administration is facing multiple pressures.”

Tariff hikes on both sides have reached historic highs. In April, the U.S. imposed duties of up to 145% on Chinese imports, while Beijing retaliated with new tariffs of 125% on U.S. goods, deepening a trade war that has sent shockwaves through industries and consumers worldwide.

Despite the Chinese reports, official lines remain blurred. China’s foreign ministry has neither confirmed nor denied the claims, while repeatedly calling for talks based on “fairness, respect, and reciprocity.” At the same time, Beijing has made clear it’s willing to go the distance in a trade confrontation. In a government-released video this week, China’s foreign ministry declared it would “never kneel down” in the face of U.S. pressure.

On the American side, President Donald Trump continues to maintain a confident tone. During a televised town hall on Wednesday, he claimed, “There’s a very good chance we’re going to make a deal,” but emphasized it would be “on our terms” and “fair.”

Analysts say the conflicting messages reflect a complex game of public posturing, as both sides test the waters without showing signs of weakness. While Beijing signals U.S. urgency, Washington insists it holds the upper hand.

The current impasse threatens to prolong the global economic uncertainty that began with the first wave of tariffs. For businesses caught in the middle—from electronics manufacturers to farmers—the question remains whether diplomacy will prevail or if the trade war is headed for an even more punishing phase.

Newsletter

Related Articles

0:00
0:00
Close
Police Intensify Investigation Into Organised Crime-Linked Violence in Middlesbrough
UK Small Businesses Face Continued Revenue and Tax Pressures, Federation Says
M&G Real Estate Buys West Sussex Affordable Housing Portfolio for £29 Million
Royal Navy Warship HMS Tamar Visits Cambodia for Regional Security Engagement
UK Government Brings Forward Benefit Payments Ahead of August Bank Holiday
Four Men Plead Guilty to Arson Attack on Jewish Community Ambulances in North London
Ofgem Raises Great Britain’s Household Energy Price Cap by Four Percent From October
UK Government Rejects Green Party Call for Artificial Intelligence Datacentre Moratorium
Millions of UK Benefit Recipients Receive Payments Early Ahead of August Bank Holiday
UK Prime Minister Meets Northern Ireland Leaders in Belfast Over Budget Crisis
Crypto Tax Gains Reach One Point Three Eight Billion Pounds Among UK Investors, HMRC Data Shows
UK Corporate Confidence Rises to Highest Level Since March, Lloyds Survey Shows
Mike Ashley Attacks UK Government Business Rates and Cost-of-Living Policies
Scottish Universities Face Two Hundred Million Pound Annual Funding Gap, Report Warns
Entertainment Figures Urge UK Government to Protect People From AI Voice Cloning
Manchester Airports Group Confirms Customer Data Breached in Cyberattack
Seven Charged Over Vandalism at Donald Trump’s Turnberry Golf Resort in Scotland
Nearly 23,000 UK Households Expected to Move Home on Busiest Day of 2026
UK Benefit Payments to Arrive Early Ahead of August Bank Holiday
Reform UK Pledges to Replace GDPR and Cut Tax Administration Red Tape
Andy Burnham Launches Work Experience Plan for One Million Young People Outside Education or Work
Andy Burnham Faces Labour Backlash After Dropping Support for Political Donations Cap
Andy Burnham Announces UK-Wide Summit With Leaders of Scotland, Wales and Northern Ireland
Met Office Warns of Heavy Rain and Flood Risk Across England and Wales After Summer Heat
Bank of England Warns AI Adoption Could Reduce Demand for Automatable Jobs
UK Confirms National Salmonella Outbreak With More Than 200 Cases
UK Airports Handle Record 81 Million Passengers Despite Middle East Disruption
Ofgem Raises UK Energy Price Cap by Four Percent to £1,723
Cyber Attack Hits Customer Data Systems at Manchester, Stansted and East Midlands Airports
TSA Unveils Major Airport-Security Overhaul as It Drops Gold+ Privatization Plan
CIA Chief Warned Russia Against Attacking NATO in Secret Moscow Mission
Raheem Sterling Charged With Dangerous Driving After Lamborghini Crash
The Secret Dolly Parton Kept Until Her Death: "She Was Much Sicker Than She Let On"
Middlesbrough House Fire Kills Woman and Seven-Year-Old Girl
Prince Harry and Meghan Markle Return to UK Amid Renewed Media Attention
Raheem Sterling Charged With Dangerous Driving After London Collision
Greenpeace Threatens Legal Action Over Crown Estate Offshore Wind Leasing
Nvidia Revenue Surges to Ninety-Six Point Two Billion Dollars on Artificial Intelligence Demand
Meta Agrees to Global Youth Safety Changes Following Multi-State Legal Settlement
UK Government Plans Autumn Summit With Scottish, Welsh and Northern Irish Leaders
CMA Caps Veterinary Prescription Fees at Twenty-One Pounds
Thames Water Pilot Records Forever Chemicals at Thirteen Times the Legal Limit
Kent Meningitis Outbreak Reaches Thirty-Four Confirmed Cases
Forty Children Missing From UK Asylum Accommodation Remain Unaccounted For
UK Court Upholds VAT on Private School Fees
US Designates Palestine Action as Foreign Terrorist Organization
UK Approves Massive New Chinese Embassy Complex in London Amid Security Concerns
Prime Minister Andy Burnham Visits Kyiv and Offers Cruise Missile Designs to Ukraine
Glacier Collapse, Not Earthquake, Triggered Deadly Nepal-Tibet Flood
Andy Burnham Drops Plan to Cap Political Donations
×