London Daily

Focus on the big picture.
Sunday, Jun 01, 2025

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
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
U.S. Justice Department Reduces American Bar Association's Role in Judicial Nominations
U.S. Department of Energy Unveils 'Doudna' Supercomputer to Advance AI Research
U.S. SEC Dismisses Lawsuit Against Binance Amid Regulatory Shift
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
Italy Faces Population Decline Amid Youth Emigration
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Trump Accuses China of Violating Trade Agreement
Gerry Adams Wins Libel Case Against BBC
Russia Accuses Serbia of Supplying Arms to Ukraine
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
Chinese Woman Dies After Being Forced to Visit Bank Despite Critical Illness
President Trump Grants Full Pardons to Reality TV Stars Todd and Julie Chrisley
Texas Enacts App Store Accountability Act Mandating Age Verification
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Vatican Calls for Sustainable Tourism in 2025 Message
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Trump Threatens 25% Tariff on iPhones Amid Dispute with Apple CEO
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
Liverpool Car Ramming Incident Leaves Multiple Injured
Australia Faces Immigration Debate Following Labor Party Victory
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
Macron Dismisses Viral Video of Wife's Gesture as Playful Banter
Cleveland Clinic Study Questions Effectiveness of Recent Flu Vaccine
Netanyahu Accuses Starmer of Siding with Hamas
Junior Doctors Threaten Strike Over 4% Pay Offer
×