Chinese Deputy Prime Minister He Lifeng, in charge of Sino-American economic and commercial issues, will meet the US Treasury Secretary Scott Bessent during his visit to Switzerland, scheduled for May 9 to 12.
China will initiate discussions with the United States on tariff issues following “signals issued by Washington concerning a possible adjustment of its customs policy,” the Chinese trade ministry announced on Wednesday. Chinese Deputy Prime Minister He Lifeng, in charge of Sino-American economic and commercial issues, will meet the US Treasury Secretary Scott Bessent during his visit to Switzerland, scheduled for May 9 to 12, said a spokesperson for the ministry during a press briefing.
This decision follows a “meticulous exam” by Beijing of information transmitted by Washington, taking into account “global expectations, the interests of China, as well as calls from American companies and consumers,” he added.
-And to affirm that China reiterates “its determination to safeguard its development interests” while emphasizing its commitment to “maintain the international economic and commercial order”. “China is ready to fight to the end if necessary, but remains open to dialogue,” said the spokesperson, stressing that “any dialogue and negotiation must be based on mutual respect, the equal consultation and mutual benefits”.
After several cycles of reciprocal tariff increases between the first two world powers since January, most Chinese exports to the United States now face 145%surcharge, while American goods entering China are subject to additional rights of 125%.
Sami Nemli with agencies / eco inspirations
