China and U.S. to hold high level trade talks amid ongoing tariff tensions #rwanda #RwOT

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Chinese Vice Premier He Lifeng will meet with U.S. Treasury Secretary Scott Bessent during his visit to Switzerland from May 9 to 12, the Chinese Ministry of Commerce confirmed on Wednesday.

The talks come after the new U.S. administration imposed a series of unilateral tariff measures, which China said have disrupted bilateral relations and global trade order.

In response, China took firm countermeasures, defending what it calls its legitimate rights and interests.

According to a ministry spokesperson, the U.S. recently expressed a willingness to engage in dialogue, prompting China to agree to talks after careful consideration of global expectations, national interest, and feedback from U.S. industry stakeholders.

China emphasized that any negotiation must be based on mutual respect, equality, and reciprocal benefit, warning against the use of dialogue as a tool for coercion or blackmail.

The spokesperson added that China would not compromise on its core principles and reiterated its commitment to fair international trade, the World Trade Organization, and multilateralism.

Chinese assemble an electric scooter at the headquarters of Yadea in Chongqing Municipal Province in China. Photo by Théophile Niyitegeka

IGIHE



Source : https://en.igihe.com/news/article/china-and-u-s-to-hold-high-level-trade-talks-amid-ongoing-tariff-tensions

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