China-US Trade War Negotiations

SOURCE www.foxnews.com
China is evaluating an offer from the U.S. to hold talks on tariffs, signaling a potential de-escalation of the trade war between the two countries. The Chinese Commerce Ministry warned against coercion and extortion in negotiations.

Key Points

  • China is evaluating an offer from the U.S. to hold talks on tariffs
  • Chinese Commerce Ministry warns against coercion and extortion in negotiations
  • Recent tariff waivers by China on American-made products
  • Beijing accused the U.S. of bullying practices during a U.N. Security Council meeting

Pros

  • Potential de-escalation of trade war
  • Opportunity for the world's two largest economies to reach an agreement

Cons

  • Risk of negotiations breaking down if coercion or extortion is attempted