July 8, 2025
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Trump administration may half 145% China tariff to 50% next week: Report

File photo: US President Donald Trump (Picture credit: AP) The Trump administration is considering cutting the steep 145% tariff on Chinese imports by more than half, possibly as early as next week, as US and Chinese officials gear up for high-level trade talks in Switzerland, The New York Post reported, citing sources close to the […]

China signals openness to trade talks with US under condition that high tariffs must be removed

US and China are engaged in prolonged tariff dispute (Image: AP) China’s commerce ministry on Friday announced that Beijing is reviewing several key proposals from the Trump administration, signaling the openness to trade talks with the US under the condition that high US tariffs must be removed. The ministry has reaffirmed China’s willingness to engage […]

Trump plays up prospects of ‘fair deal’ on trade with China

WASHINGTON: US President Donald Trump late on Wednesday played up prospects of a “fair deal” on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. Trump told reporters his country would have a “fair deal with China,” adding that “everything’s active” when asked […]

China willing to begin trade talks with US, but sets several riders

China has expressed its willingness to resume trade negotiations with the United States, provided that certain key preconditions are fulfilled. Among the primary demands is a call for greater diplomatic respect, a consistent US trade stance, attention to its concerns on sanctions and Taiwan, and the appointment of a lead negotiator with Trump’s full backing, […]