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China Open to Trade Talks, Says Tariff War Has ‘No Winners’

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China on Wednesday expressed its readiness to resume trade negotiations with the United States, following remarks by U.S. President Donald Trump that existing tariffs could be reduced if a deal is reached.

Trump, who began his second term in January, has ramped up a trade battle with China, with tariffs on some Chinese goods now reaching 145%. The escalating tensions between the world’s two largest economies have unsettled global markets and sparked recession fears.

Speaking at a press conference, Chinese Foreign Ministry spokesperson Guo Jiakun stated, “We do not wish to fight, nor are we afraid of fighting,” but emphasized that Beijing remains open to dialogue. “The door for talks is wide open,” he added.

However, Guo cautioned against what he called “mixed signals” from Washington: “Saying you want a deal while applying extreme pressure is not the right approach.”

Trump acknowledged Tuesday that current tariff levels are “very high,” but promised significant reductions once a deal is finalized.

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