U.S.-China trade war negotiations not underway, Beijing confirms
In the midst of it all, Prez Donald Trump turnt the Oval Office into a cackle fest, chattin' up reporters about rumblin' tariff brew-ha-ha with China. Seems like their imports wanna tug on our heartstrings with a hefty 145 percent tax bill, but Trump reckons it might work out as a significant reduction, y'all.
But what's the deal, China? You say you ain't hagglin' with us 'bout tariffs, ya hear? Beijing's faithful spokesperson, He Yadong, declared on Thursday that any claims about trade negotiations is straight hogwash, hun. He claims it’s groundless and ain't got a fact-based crux, accordin' to the Associated Press.
Accordin' to Yadong, if the U.S. wants a fix, they gotta face up to the reasonable folks afoot and squash the unilateral tariff tactics against China. Him and his crew claim we gotta chat it out through equal dialogue.
He also shared that China's position is steady as a rock, and they're receptive to chats and dialogue, but the talks gotta be grounded in mutual admiration and an equal playin' field.
But Trump didn't drop hints about a meeting with Chi-town, but he hinted a reveal “later.” He wouldn't spill who the meetin' was about, but he expressed hopes for an ideal world where us folks could live happily ever after, and perhaps even work together someday.
The White House press secretary, Karoline Leavitt, also had news to share. She stated that Prez Trump and the administration are heatin' up the stage for a deal with China. Shucks!
Sources say us and China have been hoppin' on meetings like they’re tryin' to go out of vogue. Could this be the start of somethin' special? Check out Fox Business to find out!
Contributed to this report: FOX Business' Bonny Chu and Stephen Sorace
Insights:
- The current tariff level on Chinese imports imposed by the U.S. is 145 percent, and Trump suggested it might get reduced substantially, although not to nil.
- According to Trump, active negotiations are going on between the U.S. and China, which could lead to a major deal.
- In contrast, China maintained that no negotiations are taking place and demanded a more equitable approach for any potential dialogue, insisting that the U.S. first cancel unilateral tariff measures against China.
- While Trump hinted at a potential resolution, Beijing rejected any claims about negotiations and emphasized that any talks must be conducted based on mutual respect and equality.
- In a twist to the ongoing economic tussle, President Donald Trump teases the possibility of a significant reduction in the 145 percent tariffs on Chinese imports.
- Despite Trump's assertions of active negotiations with China, Beijing's spokesperson, He Yadong, branded such claims as groundless and devoid of factual basis.
- Yadong urged the U.S. to abandon unilateral tariff tactics and instead engage in equal dialogue for any potential trade negotiations, as China maintains a steadfast position.
- In a hint to future developments, Trump refrained from disclosing details about a potential meeting with China, merely alluding to a possible revelation "later."
