China vows to seek US tariff cuts while criticising Washington's trade measures
China said it will keep pursuing talks to lower tariffs with the United States while sharply criticising Washington's trade practices, according to the South China Morning Post. Beijing described the measures as "malicious."
China said it will continue to pursue talks aimed at lowering tariffs amid trade tensions with the United States, the South China Morning Post reported. At the same time, Beijing criticised some of Washington's trade practices, describing them as "malicious."
According to the report, Chinese officials stressed the importance of negotiation for the stability of economic ties between the two countries. Tariffs continue to weigh on global supply chains and exporting companies. Beijing also reiterated that it would defend its own interests.
Analysts say the direction of the trade dialogue between the world's two largest economies is a key factor for markets. The steps each side takes in the coming period will shape the global trade outlook. Investors are watching closely for any timetable for negotiations.
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