this post was submitted on 01 May 2025
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US has approached China seeking talks on Trump tariffs, says state social media (www.theguardian.com)
submitted 2 weeks ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
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[–] Lemmyoutofhere@lemmy.ca 12 points 2 weeks ago

Let the grovelling begin.

[–] coolusername@lemmy.ml 7 points 2 weeks ago

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

[–] wurzelgummidge@lemmy.ml 1 points 2 weeks ago (1 children)

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

[–] yogthos@lemmy.ml 5 points 2 weeks ago (1 children)

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 4 points 2 weeks ago (1 children)

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.

[–] yogthos@lemmy.ml 5 points 2 weeks ago

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