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China Declines US Trade War Negotiations

China is not negotiating with the U.S. over tariffs, Beijing declared Thursday, despite President Donald Trump recently suggesting the 145% tax on its imports could be reduced “substantially.”

Ministry of Commerce spokesman He Yadong said, “Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis,” according to the Associated Press.

“The unilateral tariff increase measures were initiated by the United States. If the United States really wants to solve the problem, it should face up to the rational voices of the international community and all parties at home, completely cancel all unilateral tariff measures against China, and find ways to resolve differences through equal dialogue,” he continued.

“China’s position is consistent and we are open to consultations and dialogues, but any form of consultations and negotiations must be conducted on the basis of mutual respect and in an equal manner,” he reportedly added.

Trump said Tuesday that the hefty tax rate of 145% Americans must currently pay for Chinese imports will likely be reduced significantly.

While Trump said the rate “won’t be zero,” he expressed optimism over a potential trade deal with Chinese President Xi Jinping.

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