China Open To Talks With Trump Admin On Lowering Tariffs, Ministry Says

China is "evaluating" an connection from nan U.S. to clasp talks connected tariffs, according to a Friday connection from nan Chinese Commerce Ministry. This displacement successful reside could time off nan doorway unfastened for nan world’s 2 largest economies to deescalate nan waste and acquisition warfare that has near world markets successful turmoil.

"The U.S. has precocious taken nan inaugural connected galore occasions to convey accusation to China done applicable parties, saying it hopes to talk pinch China," nan ministry said successful a statement, according to a Reuters translation. The ministry besides said that Beijing was "evaluating this."

However, while Beijing appears to beryllium unfastened to negotiations, nan Chinese Commerce Ministry warned that it would not beryllium forced into making a bad deal. According to nan Reuters translation, nan ministry said that "attempting to usage talks arsenic a pretext to prosecute successful coercion and extortion would not work."

President Donald Trump and Chinese leader Xi Jinping.

TRUMP SAYS CHINA'S XI CALLED HIM AMID ONGOING CONFUSION OVER TRADE TALKS

On Thursday, Treasury Secretary Scott Bessent told Fox Business’ Maria Bartiromo connected "Mornings pinch Maria" that he believed Beijing was looking to scope an statement pinch nan U.S.

"I americium assured that nan Chinese will want to scope a deal. And arsenic I said, this is going to beryllium a multi-step process. First, we request to de-escalate. And past nan complete clip we will commencement focusing connected a larger waste and acquisition deal," Bessent said.

Treasury Secretary Scott Bessent speaks during a briefing pinch White House property caput Karoline Leavitt astatine nan White House, Tuesday, April 29, 2025, successful Washington. 

TRUMP WAGERS US ECONOMY IN HIGH-STAKES TARIFF GAMBLE AT 100-DAY MARK

President Donald Trump announced sweeping world tariffs past month. He slapped a 145% tariff connected Chinese imports. Meanwhile, Beijing put a 125% tariff connected U.S. imports. However, nan state precocious waived nan tariff connected a big of American-made products. 

There were already exemptions for immoderate pharmaceuticals, microchips and craft engines, but China added an exemption for ethane imports, according to Reuters.

Beijing’s alteration successful messaging regarding nan tariffs comes successful stark opposition to its April 23 comments during a U.N. Security Council Arria-formula gathering connected "The Impact of Unilateralism and Bullying Practices connected International Relations." At that meeting, China accused nan U.S. of utilizing tariffs to bully nan remainder of nan world.

Picture divided showing China's President Xi Jinping and President Donald Trump. (Xi photo: Pedro Pardo - Pool/Getty Images| Trump photo: Chip Somodevilla/Getty Images)

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"Under nan guise of reciprocity and fairness, nan U.S. is playing a zero-sum game, which is fundamentally astir subverting nan existing world economical and trade order by intends of tariffs, putting U.S. interests supra nan communal bully of nan world organization and advancing hegemonic ambitions of nan U.S. astatine nan costs of nan morganatic liking of each countries," Chinese U.N. Ambassador Fu Cong said successful his opening remarks.

A State Department spokesperson told Fox News Digital that nan gathering was "a discarded of U.N. Security Council members’ time." The spokesperson besides slammed nan gathering arsenic an illustration of China’s manipulation of "the multilateral strategy to support its economic, political, and information interests."