Trade Tensions Escalate: No Recent Talks Between U.S. and China
China's foreign ministry denies recent communication between President Xi Jinping and Donald Trump regarding tariff negotiations. The U.S. president's claim of ongoing discussions is refuted by Chinese officials, who urge an end to threats. Both nations face challenges amid heightened tariffs affecting global markets.
In a recent development, China's foreign ministry has announced that Chinese President Xi Jinping and U.S. President Donald Trump have not engaged in recent discussions concerning tariff negotiations, contradicting Trump's earlier statements.
Ministry spokesperson Guo Jiakun emphasized that no communications have occurred between the two administrations about tariffs, urging an end to what he describes as U.S. threats and intimidation. This follows Trump's assertion in Time magazine that talks were underway.
Amid escalating trade tensions, both countries have implemented substantial tariffs on each other's imports, impacting global markets. China, however, has exempted some U.S. imports from these increased tariffs to mitigate potential disruption.
(With inputs from agencies.)
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