Politics
China says it hopes to 'properly handle trade disputes' with US – NBC New York
- China underlines its willingness to negotiate as increased tariffs on exports to the United States could soon become a reality.
- China's Ministry of Commerce has always maintained communication with “relevant” US authorities on economic and trade matters, ministry spokesperson He Yadong said on Thursday.
- “The Chinese side hopes that under the strategic leadership of the two heads of state, the two sides can…properly manage their differences,” he told reporters, according to a translation from Mandarin by CNBC.
BEIJING China underlines its willingness to negotiate as increased tariffs on exports to the United States could soon become a reality.
American President Donald Trump said this week that he could increase customs duties on Chinese products by 10% from February 1st. The White House also announced Monday plans to investigate China for actions detrimental to US trade.
China's Ministry of Commerce has always maintained communication with “relevant” US authorities on economic and trade matters, ministry spokesperson He Yadong said on Thursday.
“The Chinese side hopes that under the strategic leadership of the two heads of state, the two sides can…strengthen dialogue and communication, properly handle differences, expand mutually beneficial cooperation, and promote the stable and healthy development of China. “China-US economic and trade relations,” he added at a weekly press conference. That's according to a CNBC translation of his Mandarin remarks.
Trump said last week that he had spoken with the Chinese president.Xi Jinpingby phoneabout TikTok and commerce. The Chinese side's statement did not mention the social media app, but said Xi called for cooperation and presented economic ties between the two countries as mutually beneficial.
“The tariffs are not favorable to China, the United States or the whole world,” trade spokesman He said.
“China is ready to work with the United States to advance bilateral economic and trade relations in a stable, healthy and sustainable direction,” he said, stressing that this was based on “mutual respect, peaceful coexistence and win-win cooperation.
The comments echo those of Chinese Foreign Ministry spokesperson Mao Ning on Tuesday.
“We are ready to maintain communication with the United States, properly handle differences, expand mutually beneficial cooperation, and pursue stable, healthy and lasting development of China-U.S. relations,” Mao said in response to a question on negotiations on customs tariffs.
China will also firmly defend its own interests, she added. This is according to an official English transcription.
Even if 10% tariffs are imposed on China, this figure is far lower than the 60% initially announced by Trump during his campaign.
Hours after his inauguration Monday, Trump reiterated plans for 25% customs duties on Mexico and Canadawithout specifying a figure for China. He said only that the increased tariffs could be used to force Beijing-based ByteDance to sell social media app TikTok, whose future availability in the United States is now in question.
Asked on TikTok on Thursday, China's trade spokesperson said China “hopes the U.S. side will listen more to the voices of businesses and the public” and “do more things conducive to economic and trade cooperation between China and the United States. and the well-being of people. »
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