China says it is evaluating the possibility of trade talks with the United States

China said it is evaluating the US initiatives to start trade negotiations, and may pave the way for the two largest economies in the world to start talks to resolve a trade war that increased markets and threw global economic activity.

A spokesman for the Ministry of Commerce said in a statement Friday.

While evaluating the possibility of starting any negotiations, the Chinese authorities repeated Beijing’s request to the United States to remove all unilateral definitions. The failure to do this would refer to “the explicit lack of sincerity” from Washington and “more compromise on mutual trust,” according to the translation of CNBC.

“If the United States wants to speak, it must show its sincerity and be ready to correct its wrong practices and cancel the unilateral customs tariff,” according to the statement.

US President Donald Trump slapped a 145 % tariff on Chinese goods this year, prompting China to impose a 125 % reprisal. So far, both sides have sought to distinguish the economic impact of definitions by granting exemptions on some critical products.

Yuan has strengthened Chinese abroad 0.14 % to 7.2665 against the US dollar after the statement. While the wild markets in China are closed for a vacation, Hong Kong Hang Singh The index jumped 1.2 % on open.

The latest comments from Beijing track a wave of conflicting data from the Trump administration and the Chinese leadership about whether the conversations are ongoing, as both sides want to avoid being seen as the first to decline.

Separately, US Secretary of State Marco Rubio told Hanity Fox News that “the Chinese want to meet and speak,” according to Reuters, noting that such talks will appear soon.

“Each side is waiting for the other side first.”

Shaw believes that some of the links at the work level may have already occurred, or about to happen, which may lead to a decrease in customs tariffs to “less destroyed” levels from 40 % to 50 % on the next two or two squares.

US officials, including Treasury Secretary, Scott Payette, indicated that there could be there Reducing tensions With China. Pesin, who largely supported Trump’s widespread tariff, said in A. Fox business network interview Thursday The American -Chinese definitions of their current levels are “not sustainable on the Chinese side”, and a “big deal” can be presented between the two economies.

“Everything is on the table for the economic relationship. I am sure that the Chinese will want to reach an agreement. As I said, this will be a multi -step process.” “First, we need to cancel the escalation, then over time, we will start focusing on a larger commercial deal.”

in Interview with CNBC On Thursday, White House economic advisor Kevin Haysit said: “There was a kind of loose discussion throughout the two governments,” adding that reducing the recent duties in China on some American products indicated that “it was very close to making a kind of progress we need to move the ball forward.”

Trump signed an executive order on Wednesday Exemption of cars and spare parts imported from the noble fees, after the definitions of a group of electronic products decreased earlier in April.

According to Reuters, China also granted tariff exemptions on the imports of some American goods, such as Pharmaceutical preparations, air space equipment, semi -conductors and ethaneWhile searching for an opinion from companies about the elements that must be able to import without paying additional duties.

“The United States has made it clear that the United States has made it clear that the United States should review all customs tariffs to participate in any meaningful trade negotiations.

“China runs the activity of this chapter, and does not take the taste from the United States,” she added.