May 2, 2025 1:19 PM
China ‘evaluating’ US offer to talk tariffs; warns against ‘extortion’
Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's 145% tariffs, China's Commerce Ministry said on Friday, although it warned the United States not to engage in "extortion and coercion." Washington and Beijing have been locked in a cat-and-mouse game over tariffs, with both sides unwilling to be seen to back down in a trade war that has roiled global markets and upended supply chains. The Commerce Ministry said the United States has approached Chi...