The Chinese Ministry of Commerce confirms it is evaluating the possibility of resuming negotiations.
- China has softened its tone and said it has received a very clear signal from the U.S., hoping for dialogue on tariffs.
- However, Beijing emphasizes: Washington needs to show sincerity.
📞 The U.S. has been eager to talk for two weeks now.
- Trump said: Waiting for Xi to call!
- Treasury Secretary Scott Bessent also said: China needs to take the lead.
📉 The U.S. economy is under pressure.
- GDP in Q1 2025 fell by 0.3%, the first negative after 3 years.
- Companies are rushing to import before Trump's tariffs take effect.
- Consumer spending is stagnating, and imports and exports are sharply declining.
🛒 The price of Chinese goods in the U.S. is rising.
- Trump's 145% tariff forces American consumers to pay more.
- Although he says China is 'suffering', in reality, the American people are bearing most of the costs.
🧠 Chinese media
- The Weibo account of China Central Television says: China doesn't need to talk urgently if the U.S. doesn't take real action.
- Emphasizing: The anxious party right now is the U.S., not China.
📍 Trump just shuffled the cabinet, making China wary:
- Appointing Marco Rubio as Acting National Security Advisor and Secretary of State.
- Rubio has previously been sanctioned by China and has a tough stance on Taiwan and the South China Sea.
In summary:
✅ The U.S. wants to negotiate soon because the economy is being drained
✅ China is feeling the financial pinch, still probing, but doesn't want to appear overly eager.