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加密货币新闻

US President Donald Trump Has Contacted China to Initiate Tariff Negotiations

2025/05/01 12:00

The United States has contacted China through several diplomatic channels in an attempt to begin tariff negotiations, reports Chinese state-affiliated media.

The outreach signals a new attempt by the US administration to reopen trade discussions amid ongoing economic challenges and strained relations.

According to Yuyuantantian, a Weibo account linked to China Central Television (CCTV), the United States has reached out to China in recent weeks. The account cited unnamed sources familiar with the matter but did not provide detailed information on the nature of the communications or the officials involved.

The report suggests that President Donald Trump has used multiple communication lines to initiate talks over the wide-ranging tariffs it previously imposed on Chinese goods. These tariffs have remained a central issue in the ongoing trade dispute between the two nations.

Officials in Washington have not yet confirmed the details of the reported outreach, but related statements from US leaders suggest active interest in restarting discussions.

President Trump has repeatedly mentioned the importance of reaching a trade deal with China and signaled an openness to resume talks.

Recently, Trump discussed the status of the trade talks during a Cabinet meeting. He highlighted figures showing a decline in cargo turnover between the two countries and suggested that it could force Beijing to return to the negotiating table.

“We want China to do well, but we also want to be treated fairly,” President Trump stated during the meeting. He also mentioned his desire to speak directly with President Xi Jinping in the future but did not provide details on the timing.

Earlier this week, Treasury Secretary Scott Bessent responded to a question about which side should make the first move to de-escalate tensions in the trade sphere. His reply was that Beijing should be the one to take the initiative.

This comment follows Trump’s recent remarks where he signaled that if China is interested in peace, then they should be the ones to reach out. However, Treasury Secretary Bessent did not elaborate further on what actions China could take to de-escalate tensions.

In its report, Yuyuantantian noted that China views the United States as the more eager party at the moment. The post stated that China will closely follow developments and await "meaningful measures" from the US before engaging in formal discussions.

The report also touched upon the economic and political pressure facing the Trump administration, including the recent contraction of the US economy. Government data confirmed that the economy shrank during the first quarter of the year, marking the first decline since 2022. Economists believe that slowing consumer demand and a sharp increase in imports before new tariffs were implemented contributed to the downturn.

Chinese analysts, as quoted by local media, noted that Beijing does not see the urgency to respond unless there is clear evidence of a shift in US policy. These comments suggest that any new dialogue will depend on significant moves by the Trump administration to signal a change in strategy.

According to the latest statistics, consumer spending in the US has decreased and trade is also experiencing a slump. This has sparked some unease and could be contributing to the renewed effort to negotiate with the Chinese. If this easing continues, analysts predict a massive recovery in the crypto market due to positive sentiment among traders.

The White House is also exploring new approaches for regulating trade. One of the recommendations is to utilize funds from the tariffs to purchase digital currencies, such as Bitcoin, for the government’s treasury. However, this plan is still in the discussion stage and has drawn attention among both market analysts and policymakers.

At present, there are no confirmed meetings scheduled between US and Chinese officials. Nonetheless, both sides appear to be closely monitoring each other’s actions as the global trade environment remains uncertain.

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