Siem Reap Times

Sunday, May 04, 2025

Beijing Says U.S. Is ‘Reaching Out’ for Tariff Talks Amid Soaring Trade Tensions

Chinese State Media Claims Washington Is “More Anxious,” as Record-High Tariffs Rattle Global Markets

The United States has been proactively reaching out to China to resume talks on escalating tariffs, according to a Chinese state media outlet with ties to Beijing’s central leadership. The development signals a possible diplomatic opening in an intensifying trade standoff that has disrupted markets and global supply chains.

The claim was made Thursday by Yuyuan Tantian, a media channel affiliated with China’s state broadcaster CCTV, which cited unnamed sources. The outlet said U.S. officials had approached their Chinese counterparts “via multiple channels” to restart negotiations over steep tariff hikes on both sides.

“From a negotiation standpoint, the U.S. is currently the more anxious party,” the outlet stated on Weibo, China’s version of X, formerly known as Twitter. “The Trump administration is facing multiple pressures.”

Tariff hikes on both sides have reached historic highs. In April, the U.S. imposed duties of up to 145% on Chinese imports, while Beijing retaliated with new tariffs of 125% on U.S. goods, deepening a trade war that has sent shockwaves through industries and consumers worldwide.

Despite the Chinese reports, official lines remain blurred. China’s foreign ministry has neither confirmed nor denied the claims, while repeatedly calling for talks based on “fairness, respect, and reciprocity.” At the same time, Beijing has made clear it’s willing to go the distance in a trade confrontation. In a government-released video this week, China’s foreign ministry declared it would “never kneel down” in the face of U.S. pressure.

On the American side, President Donald Trump continues to maintain a confident tone. During a televised town hall on Wednesday, he claimed, “There’s a very good chance we’re going to make a deal,” but emphasized it would be “on our terms” and “fair.”

Analysts say the conflicting messages reflect a complex game of public posturing, as both sides test the waters without showing signs of weakness. While Beijing signals U.S. urgency, Washington insists it holds the upper hand.

The current impasse threatens to prolong the global economic uncertainty that began with the first wave of tariffs. For businesses caught in the middle—from electronics manufacturers to farmers—the question remains whether diplomacy will prevail or if the trade war is headed for an even more punishing phase.

Newsletter

Related Articles

Siem Reap Times
0:00
0:00
Close
Common Sense Returns to Britain's Legal System: UK Supreme Court Declares a Woman Is… a Woman
EU Hits TikTok with €530 Million Fine Over China Data Transfers
Beijing Says U.S. Is ‘Reaching Out’ for Tariff Talks Amid Soaring Trade Tensions
Warren Buffett to Step Down as Berkshire CEO After Nearly 60 Years
Trump Shares AI-Generated Image of Himself as… Pope, Prompting Outrage Reaction
Amazon Launches Satellite Internet Service Amidst Competition with SpaceX
Transformative Changes in Women's Wrestling: The Rise of WWE Superstars
The Rush to the White Gold: Global Investment Surge in Natural Hydrogen Exploration
Trump Administration Removes National Security Adviser Mike Waltz Amid Signal Chat Controversy
U.S. Economy Shrink in Trump’s First Quarter as Tariff Policy Raises Questions
U.S. and Ukraine Poised to Sign Strategic Critical Minerals Deal Amid Geopolitical Shifts
Liverpool Clinches Record-Equalling 20th English League Title Under Arne Slot
Singapore Politicians Warn Against Foreign Interference in Election
China Warns Nations Against Trade Deals Harmful to Its Interests
Malaysia Revises Growth Outlook Amid US Trade Talks
Let our wonderful farmers have a good feast and joyful easy life
Pope Francis Laid to Rest in Rome as World Leaders Attend Funeral
Myanmar: TikTok astrologer arrested for predicting new earthquake
"China has survived for five thousand years, most of it without the United States as a market, and it can easily continue to survive without the U.S. market for another five thousand years — no problem," said a China analyst.
Not Child’s Play: How Competitive Gaming Became a Global Economic Empire
California Surpasses Japan to Become the World’s Fourth-Largest Economy
Peter Navarro: The Man Behind Trump’s Tariff Madness
Former U.S. Congressman George Santos sentenced to eighty-seven months for wide-ranging fraud
Pope Francis: head of the Catholic church who pushed for social and economic justice
China do not pay these tariffs - you pay it. This is new 145% tax you pay to the US government.
Cultural Battles in the Vatican: The Candidates in the Battle for the Holy See and Pope Francis's Testament
Global Leaders Pay Tribute to Pope Francis Following His Death
Wild Chimpanzees Observed Bonding Over Alcoholic Fruit
Series of Earthquakes Strike Mae Hong Son and Myanmar Border
Pope Francis Makes Brief Appearance at Easter Sunday Mass
Saudi Arabia Offers Max Verstappen Unprecedented Deal to Join Aston Martin
Global Pistachio Shortage Amid Rising Demand for 'Dubai Chocolate'
IMF Predicts No Global Recession Amid Trade Tensions
Alphabet Faces Antitrust Setbacks as Federal Judges Rule Against Google
US Billionaires Call for Higher Taxes, but Proposed 'Millionaires Tax' May Not Achieve Desired Outcome
Designed in US, made in China: Why Apple is stuck in tariff tussle
Cambodia and China Commit to $1.2-Billion Canal Megaproject
China's Xi Urges Cambodia to Resist Protectionism Amid Loan Discussions
South East Asia Caught in US-China Trade Dispute
China Raises Tariffs on U.S. Goods to 125% Amid Escalating Trade Dispute
The Trump administration is contemplating the removal of Chinese companies from U.S. stock exchanges.
Alisha Lehmann's Modeling Campaign and Public Controversy Stir Debate Ahead of UEFA Women's Euro
Southeast Asian Nations Respond to Elevated U.S. Tariffs
CCTV footage from a high-rise condo in the middle of Bangkok shows the water in the pool rippling like waves
Building collapsed in Bangkok earthquake
Earthquake Strikes Bangkok, Causing Chaos in High-Rise Pool
U.S. Firms with Substantial Global Revenue Exposure in Light of New Tariffs
President Trump Prolongs TikTok Sale Deadline by 75 Days
Global Responses to U.S. Tariffs: Varied Reactions from Significant Economies
Large Blaze Breaks Out in Malaysia Following Gas Pipeline Burst
×