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International Business Times
International Business Times
World

China Says Open To US Trade Talks Offer But Wants Tariffs Scrapped

Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April while Beijing has responded with fresh 125 percent duties on imports from the United States (Credit: AFP)

China said Friday it is evaluating a US offer for negotiations on tariffs but insisted Washington must be ready to scrap levies that have roiled global markets and supply chains before talks can begin.

Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April while Beijing has responded with fresh 125 percent duties on imports from the United States.

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