U.S. Raises Tariffs to 245%, China Calls for Respect

The United States has escalated tariffs on imports from China to 245% as a countermeasure to China’s retaliatory actions.

In response, China has expressed openness to trade negotiations provided that President Trump exhibits respect towards China. The tariff increase comes after discussions where China has voiced concerns regarding Taiwan, sanctions, and the need for consistent U.S. policy.
“China Open to Talks If US Shows Respect, Names Point Person”

“China wants to see a number of steps from President Donald Trump’s administration before it will agree to trade talks, including showing more respect by reining in disparaging remarks by members of his cabinet, according to a person familiar with the Chinese government’s thinking.

Other conditions include a more consistent US position and a willingness to address China’s concerns around American sanctions and Taiwan, said the person, who asked not to be identified to discuss internal thinking.

Beijing also wants the US to appoint a point person for talks who has the president’s support and can help prepare a deal that Trump and Chinese leader Xi Jinping can sign when they meet, the person said….”

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