A representative for China’s commerce ministry said Friday morning that Beijing was considering whether to negotiate tariffs with the US.
Amazingly high tariffs up to 245% on some Chinese exports to the US are stifling US-China Trade War between the world’s two largest economies and raising the possibility of a recession This was news that the rest of the world had been waiting to hear.
According to the spokeswoman US officials have repeatedly expressed their willingness to negotiate with US-China Trade War on tariffs the reporter said.
China maintains its stance The door is open if we speak but if we fight we shall battle until the end Should the United States wish to engage in dialogue it must demonstrate seriousness and be willing to rescind unilateral tariffs and rectify its wrongdoings the statement was made a week after trump trade war.
asserted that talks were already in progress a claim Beijing refuted and a day after a Weibo account associated with Chinese official media stated that the US-China Trade Warhad been trying to start talks.
China has no need to talk to the United States Yuyuantantian a China Central Television (CCTV) Weibo account stated in a post on Thursday From the perspective of negotiations the United States must be the more anxious party at present.
These remarks come after a series of claims and denials made by the US-China Trade War as neither party is willing to openly start a dialogue.
It is not a question of whether those conversations will occur but rather of when how and by whom.
PLAYING CHICKEN :-
Experts see the conflict between Trump trade war and Chinese leader Xi Jinping as a game of chicken in which both men are trying to maintain their dignity while secretly working toward a win-win solution specifically a de-escalation of the trump trade war.
Political science associate professor Ja Ian Chong of the National University of Singapore said I expect some of this back-and-forth because neither Washington nor Beijing wants to look like they are the side that’s giving in[But] a de-escalation would be to the overall benefit of both sides so there is some overarching incentive to do so.
Wen-Ti Sung an academic member of the Australian Centre on China in the World puts it another way It’s like two race cars going at each other whoever swerves first will be seen as the weaker of the two parties And at this juncture neither party wants to look soft.
The leader who admits he was the first to initiate tariff talks would be seen as the one compromising his position in negotiations.
“Whoever seems desperate loses bargaining leverage Mr Sung says Both sides want to portray the other side as the more desperate one.
A strategy known as constructive ambiguity the purposeful use of language so ambiguous that each party may potentially claim to be in the right—has emerged as a result of this odd impasse in which both parties desire the same goal but neither wants to be the first to suggest it.
Mr. Sung cites this strategy as justification for Yuyuantantian’s Weibo post.
This is Beijing trying to explore the possibility of using word games to create an off-ramp for both sides so that they can gradually climb their way down from this escalation spiral according to him.
In this manner the side that really arrives at the table first can nevertheless describe it as a reaction rather than the initial action.
In the case of Trump and Xi it would also imply that tariff talks may start once both leaders assert that they have won the trump trade war.
A WIN AT HOME :-
Here, the optics are crucial. De-escalation is one thing as Mr. Chong notes but delivering a win for their domestic audiences is another of trump trade war
and Xi’s key priorities.
It is clear that Trump trade war wants to demonstrate that he has forced Beijing to submit. According to Mr. Chong Xi likely wants to demonstrate to his own people and the rest of the world that he has been successful in making Donald Trump trade more reasonable moderate and accommodating.
On the domestic front, both leaders are facing tariff-induced headwinds Trump this week struggled to quell fears of a recession as fresh data indicated the US economy contracted in its first quarter for the first time since 2022.
READ THIS :- Minnesota Timberwolves vs Los Angeles Lakers: Game 5 Updates Highlights and Score
