China urges US to fully eliminate all reciprocal trade tariffs.
China has urged the United States to entirely remove reciprocal tariffs imposed during the trade conflict, emphasizing that such measures hinder economic cooperation and global trade stability. The appeal comes amid ongoing negotiations and as both nations seek to stabilize bilateral relations strained by years of tariff escalations.
Key Points:
China’s Appeal: China formally called on the U.S. to fully remove all reciprocal tariffs.
Trade War Background: The tariffs stem from the U.S.-China trade war initiated in 2018, which saw duties imposed on hundreds of billions in goods from both sides.
Economic Strain: Both countries have faced economic slowdowns and inflationary pressure, partly due to the tariffs.
Global Impact: The dispute has disrupted global supply chains and affected international trade dynamics.
Diplomatic Efforts: The call comes during attempts to improve diplomatic and economic ties, with both sides showing interest in stabilizing relations.
China’s Position: China argues that lifting tariffs would benefit global recovery, lower costs for businesses and consumers, and foster mutual trust.
China’s call for the complete cancellation of reciprocal tariffs highlights a desire to reset trade relations with the U.S. and ease economic tensions. Removing these trade barriers could not only revive bilateral commerce but also contribute to global economic stability. Whether the U.S. will respond favorably remains uncertain, but the move signals a potential opening for renewed cooperation.
