On 24th April, 2025, China's Ministry of Commerce stated that the United States must cancel all unilateral tariffs if it wishes to resume trade negotiations. The announcement reflects a firm stance from Beijing amid elevated trade tensions.
Chinese officials have also denied that any current negotiations are taking place, despite recent comments from U.S. leadership suggesting progress. In addition to reiterating their demand for tariff removal, China has introduced new export restrictions and initiated cases at the World Trade Organization.
Tariffs between the two countries now reach as high as 145% on U.S. imports from China and 125% on Chinese imports from the U.S.
Full FT article here: [https://www.ft.com/content/3e076fb5-3988-4e21-9119-3fc637afebb8](https://www.ft.com/content/3e076fb5-3988-4e21-9119-3fc637afebb8)
