China open to talks with Trump admin on lowering tariffs, ministry says

China is "evaluating" an connection from the U.S. to clasp talks connected tariffs, according to a Friday connection from the Chinese Commerce Ministry. This displacement successful code could permission the doorway unfastened for the world’s 2 largest economies to deescalate the commercialized warfare that has near planetary markets successful turmoil.

"The U.S. has precocious taken the inaugural connected galore occasions to convey accusation to China done applicable parties, saying it hopes to speech with China," the ministry said successful a statement, according to a Reuters translation. The ministry besides said that Beijing was "evaluating this."

However, portion Beijing appears to beryllium unfastened to negotiations, the Chinese Commerce Ministry warned that it would not beryllium forced into making a atrocious deal. According to the Reuters translation, the ministry said that "attempting to usage talks arsenic a pretext to prosecute successful coercion and extortion would not work."

President Donald Trump and Chinese person Xi Jinping.

TRUMP SAYS CHINA'S XI CALLED HIM AMID ONGOING CONFUSION OVER TRADE TALKS

On Thursday, Treasury Secretary Scott Bessent told Fox Business’ Maria Bartiromo connected "Mornings with Maria" that helium believed Beijing was looking to scope an statement with the U.S.

"I americium assured that the Chinese volition privation to scope a deal. And arsenic I said, this is going to beryllium a multi-step process. First, we request to de-escalate. And past the implicit clip we volition commencement focusing connected a larger commercialized deal," Bessent said.

Treasury Secretary Scott Bessent speaks during a briefing with White House property caput Karoline Leavitt astatine the White House, Tuesday, April 29, 2025, successful Washington. 

TRUMP WAGERS US ECONOMY IN HIGH-STAKES TARIFF GAMBLE AT 100-DAY MARK

President Donald Trump announced sweeping planetary tariffs past month. He slapped a 145% tariff connected Chinese imports. Meanwhile, Beijing enactment a 125% tariff connected U.S. imports. However, the state precocious waived the tariff connected a big of American-made products. 

There were already exemptions for immoderate pharmaceuticals, microchips and craft engines, but China added an exemption for ethane imports, according to Reuters.

Beijing’s alteration successful messaging regarding the tariffs comes successful stark opposition to its April 23 comments during a U.N. Security Council Arria-formula gathering connected "The Impact of Unilateralism and Bullying Practices connected International Relations." At that meeting, China accused the U.S. of utilizing tariffs to bully the remainder of the world.

Picture divided showing China's President Xi Jinping and President Donald Trump. (Xi photo: Pedro Pardo - Pool/Getty Images| Trump photo: Chip Somodevilla/Getty Images)

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"Under the guise of reciprocity and fairness, the U.S. is playing a zero-sum game, which is fundamentally astir subverting the existing planetary economical and trade order by means of tariffs, putting U.S. interests supra the communal bully of the planetary assemblage and advancing hegemonic ambitions of the U.S. astatine the outgo of the morganatic involvement of each countries," Chinese U.N. Ambassador Fu Cong said successful his opening remarks.

A State Department spokesperson told Fox News Digital that the gathering was "a discarded of U.N. Security Council members’ time." The spokesperson besides slammed the gathering arsenic an illustration of China’s manipulation of "the multilateral strategy to enactment its economic, political, and information interests."