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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 months ago

US has approached China seeking talks on Trump tariffs, says state social media

www.theguardian.com

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US has approached China seeking talks on Trump tariffs, says state social media

www.theguardian.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 months ago
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Development may be indication China is softening on beginning negotiations over American 145% tariffs
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  • wurzelgummidge@lemmy.ml
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    2 months ago

    https://www.scmp.com/economy/china-economy/article/3308749/china-considering-start-trade-negotiations-us-commerce-ministry-says

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 months ago

      Meanwhile, Chinese economy is already adjusting to the tariffs by redirecting trade domestically https://www.bloomberg.com/opinion/articles/2025-04-28/trade-war-china-s-e-commerce-giants-are-putting-up-a-fight

      So, let’s say they figure this out, US takes the L and drops their tariffs, what Chinese company is going to want to be reliant on trade with US going forward?

      • wurzelgummidge@lemmy.ml
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        2 months ago

        I don’t think they are reliant on US trade anyway.

        Of course they would rather trade than not trade, and losing the market would hurt, but only about 15% of China’s exports go to the US.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          2 months ago

          And it’s only 2% if the overall economy to boot.

  • coolusername@lemmy.ml
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    2 months ago

    China should demand that the US stop auto tariffs and the huawei ban. Also obviously no more funding terrorism and regime changes anywhere.

  • Lemmyoutofhere@lemmy.ca
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    2 months ago

    Let the grovelling begin.

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