China blame us about the “serious negative effects” of Trump tariffs, while the trade talks should begin | China

China swore to protect “international fairness and justice” in impending talks with the United States in Switzerland, the first meeting between the two countries in which the trade war was discussed, which has presented the global economy since US President Donald Trump last month.

China's Vice Prime Minister, the Lifeng, will meet us on the sidelines of the meetings in Switzerland between May 9 and 12 on May on the sides of the meetings in Switzerland. The US trade representative Jamieson Greer will also take part.

China's Ministry of Commerce announced on Wednesday that the agreement on the US team's conversation had taken the initiative to contact China. Beijing and Washington have presented contradictory reports about which page initiated talks. China said it was agreed to send it for discussions after examining the “Chinese interests and the calling of the US industry and the consumer”.

“If the United States wants to solve the problem through negotiations, it must be exposed to the serious negative effects of one -sided tariff measures on itself and the world,” said the Chinese Ministry of Commerce.

Bessent said on Tuesday that the talks would concentrate on the de -escalation of the trade war instead of negotiating a deal.

“We will agree what we will talk about. My sense will be about de -escalation and not about the big trading business,” Bessent told Fox News. “This is not sustainable,” he said.

Since Trump took office in January, he has unleash a wave of Zöllen in China and other countries that put the global economic order on the level and undermined the basis of the stable relationships between the two largest economies in the world.

US tariffs for Chinese imports have now reached 145%, with Chinese counter-tariffs reaching 125%. Both sides have implemented a number of exceptions to alleviate the blow of their respective economies.

The United States has freed smartphones and some other electrical products after the price of an iPhone in the United States could increase by more than 40%.

China has selected selected pharmaceuticals, microchips and aircraft engines together with other non -mentioned objects that have not been reported reports, together with other objects that have not been mentioned.

However, the economic effects of the trade war are still serious. China's factory activity slowed down in April, which said analysts that the trade war made it much more difficult to send to the United States. This month, the United States also closed a gap that was concluded to the US Congress to the US economy, a regime that was generated by the Chinese economy in 2023 for the Chinese economy.

The world trade organization estimates that Chinese exports to the United States, which were worth $ 440 billion last year, will decrease by 77% this year if the tariffs continue to exist.

China has repeatedly sworn to “fight to the end in the trade war”. If necessary, the leaders who bet their land can withstand more economic pain than the Americans were willing to tolerate.

Beijing also tries to recruit other countries and to present themselves as a stable partner in contrast to a moody US UNS. “China notes that some economies are also in discussions with the USA,” said China on Wednesday. “We have to emphasize that appeasement cannot be transformed into peace, and compromises cannot be respected”.