China Raises Concerns Over US Tariffs in Video Call with Treasury Secretary
China Raises Concerns Over US Tariffs in Video Call with Treasury Secretary

China Raises Concerns Over US Tariffs in Video Call with Treasury Secretary

News summary

During a recent video call, China's Vice Premier He Lifeng expressed serious concerns to U.S. Treasury Secretary Scott Bessent regarding the new tariffs imposed by the U.S. on Chinese goods. He highlighted the detrimental impact of the increased levies and trade restrictions on the bilateral relationship between the two nations. Both officials acknowledged the importance of maintaining communication on economic issues of mutual concern and discussed the need for dialogue to address these challenges. This call, the first since Donald Trump returned to the White House, reflects ongoing tensions as the U.S. has enacted a 10% tariff on Chinese imports, citing efforts to combat fentanyl trafficking. The Chinese government has reiterated its willingness to engage in constructive dialogue to resolve trade differences. The situation continues to evolve as both countries navigate their complex economic relationship amid the threat of a trade war.

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