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🚨📣: China and the United States have given conflicting statements regarding the status of potential negotiations regarding the trade war resulting from the recent tariff hike.
- Chinese Foreign Ministry spokesperson Lin Jian stated that the two countries are not holding any talks with the United States.
- Trump confirmed that ongoing talks regarding tariffs are ongoing, and an unnamed White House official confirmed that there were low-level personal talks and phone calls between Washington and Beijing this week.
- Treasury Secretary Scott Besant indicated that these tariff levels amount to a ban, describing the current situation as "unsustainable."