Siem Reap Times

Wednesday, Oct 29, 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
Amazon Announces 14 000 Corporate Job Cuts as AI Investment Accelerates
Philippines’ Taal Volcano Erupts Overnight with 2.4 km Ash Plume
Cambodia’s Trade with RCEP Members Hits Nearly 30 Billion USD in First Nine Months of 2025
Australian Frigate Visit to Cambodia Reinforces Bilateral Naval Cooperation
U.S. Innovation Ranking Under Scrutiny as China Leads Output Outputs but Ranks 10th
Porsche Reverses EV Strategy as New CEO Bets on Petrol and Hybrids
Singapore’s Prime Minister Warns of ‘Messy’ Transition to Post-American Global Order
China Presses Netherlands to “properly” Resolve the Nexperia Seizure as Supply Chain Risks Grow
Japan stocks surge to record as Sanae Takaichi becomes Prime Minister
Hong Kong set to co-host China’s Fifteenth National Games in historic multi-city edition
S&P Downgrades France’s Credit Rating, Citing Soaring Debt and Political Instability
"The Tsunami Is Coming, and It’s Massive": The World’s Richest Man Unveils a New AI Vision
Shenzhen Expo Spotlights China’s Quantum Step in Semiconductor Self-Reliance
China Accelerates to the Forefront in Global Nuclear Fusion Race
China Imposes Sanctions on South Korean Shipbuilder Over U.S. Ties
Russia Positions ASEAN Partnership as Cornerstone of Multipolar Asia at Kuala Lumpur Summit
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
EU Deploys New Biometric Entry/Exit System: What Non-EU Travelers Must Know
China Issues Policy Documents Exclusively in Domestic Office Format Amid Tech Tensions
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
China’s lesson for the US: it takes more than chips to win the AI race
The Davos Set in Decline: Why the World Economic Forum’s Power Must Be Challenged
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
US Prosecutors Gained Legal Approval to Hack Telegram Servers
FIFA Accuses Malaysia of Forging Citizenship Documents, Suspends Seven Footballers
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Three Scientists Awarded Nobel Prize in Medicine for Discovery of Immune Self-Tolerance Mechanism
Foreign-Worker Housing Project in Kutchan Polarises Japan’s Demographic Debate
Central Asia’s Economies Poised for 6.1% Growth in 2025
India’s GST Collections Surge to ₹1.89 Lakh Crore in September
ADB Approves New Country Strategy to Boost Indonesia’s Growth
Indian Firms Take Lead in Electronics Manufacturing Push
Hong Kong Retains Third Place in Global Financial Centre Ranking
Malaysia Proposes Dual-Supply-Chain Strategy to Attract Investment
Chinese Economist Urges China-India Collaboration to Unlock Growth
Japanese Corporations Shift Toward Enhanced Shareholder Returns
ADB Signs First Sustainability-Linked Loan for Bangladesh Textile Sector
Hong Kong Retail Recovery Driven by Tourism Rebound
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Alleges ‘Triple Sabotage’ at United Nations After Escalator and Teleprompter Failures
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
Typhoon Ragasa Leaves Trail of Destruction Across East Asia Before Making Landfall in China
The Personality Rights Challenge in India’s AI Era
Big Banks Rebuild in Hong Kong as Deal Volume Surges
×