Beijing says it is "open" to talks with Washington after it says the U.S. expressed a willingness to negotiate on tariffs.
Category
🗞
NewsTranscript
00:00Beijing says it's open to talks with Washington after it says the U.S. expressed a willingness to negotiate on tariffs.
00:08In an announcement on Friday, China's Commerce Ministry added that the U.S. should be prepared to take action to correct erroneous practices and cancel unilateral tariffs.
00:18Chinese imports to the U.S. currently face a 145 percent levy, with a 125 percent duty going the other way.
00:26Both sides have recently exempted some product from the tariffs, such as semiconductors and pharmaceuticals, in a slight easing of trade tensions.