China Draws a Line: No Trade Talks with U.S. Unless Washington Acts First​

In a significant development, China has firmly stated that it will not resume trade negotiations with the United States unless Washington initiates the process. This declaration was made on April 24, 2025, by a spokesperson for the Chinese Commerce Ministry, who confirmed to CNBC that there are "absolutely no negotiations" currently taking place. ​
This stance directly contradicts U.S. President Donald Trump's assertions that discussions are ongoing. President Trump claimed that meetings had occurred earlier that day, though he did not provide specific details about the participants.

The Chinese government's position underscores a broader strategy of requiring the U.S. to take the first step in de-escalating the ongoing trade tensions. China's leadership believes that any dialogue must be based on mutual respect and equality, and they are unwilling to make unilateral concessions. ​

Financial markets have reacted to the uncertainty with caution. While global equity markets have shown resilience, analysts note that investor sentiment remains wary due to the inconsistent messaging from both sides. ​

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