China Urges U.S. to Reduce Trade Misunderstandings, Enhance Cooperation

China is urging the United States to reduce misunderstandings and strengthen cooperation in economic and trade relations through ongoing dialogue, emphasizing the importance of implementing agreements made by their leaders. Chinese officials, including Foreign Ministry Spokesman Guo Jiakun and Commerce Minister Wang Wentao, have highlighted the need for both countries to act responsibly and avoid a return to tariff wars, noting their economic interdependence. Recent talks in Europe and Geneva have shown progress, with a preliminary deal reached to suspend escalating tariffs until mid-August, aiming to stabilize bilateral trade. Discussions may also expand to address China's purchases of Russian and Iranian oil, which are under U.S. sanctions, as indicated by U.S. Treasury Secretary Scott Bessent. China continues to advocate for the full use of economic and trade consultation mechanisms to promote sustainable development in bilateral relations. Both nations are focused on dialogue and communication to manage contradictions and move toward a stable and healthy trade relationship.