China expressed strong confidence in its ability to manage trade tensions with the United States, according to Vice Foreign Minister Hua Chunying.
Speaking from a rural county in southern China, Hua asserted that the current U.S. trade policy, particularly the imposition of 145% tariffs on Chinese goods, is unsustainable and causing hardship for ordinary Americans. Her comments come ahead of high-level U.S.-China trade talks slated to take place in Switzerland, which are viewed as a potential initial step toward resolving the prolonged trade conflict that has impacted the global economy.
Hua emphasized that China does not seek confrontation but is prepared to address the realities of the situation. She also highlighted domestic optimism and resilience, referencing China’s initiatives to boost rural economies.
The tariffs introduced by former President Donald Trump have been criticized by economists for generating a “demand shock” that affects global trade by increasing costs for U.S. consumers and businesses. Hua concluded by predicting a return to “normal” in U.S. trade policy, reinforcing China’s stance of preparedness and confidence in navigating trade disputes.
President Donald Trump has indicated that the U.S. tariffs on Beijing of 145% would likely come down.
The upcoming talks in Switzerland, involving top economic and trade officials from both nations, are widely seen as a first step toward resolving a trade war that has disrupted the global economy.
Economists have criticized the high tariffs, labeling them a “demand shock” that increases costs for U.S. consumers and businesses, thereby affecting global trade.
As the talks approach, both sides appear to be signaling a willingness to de-escalate tensions, with potential tariff reductions on the horizon.
