China views its relationship with the United States as an opportunity rather than a threat, according to remarks by China’s Vice Commerce Minister Wang Shouwen during trade discussions held in Tianjin. The talks, co-chaired by U.S. Under Secretary of Commerce for International Trade Marisa Lago, marked the second meeting this year between the two officials, occurring in the context of ongoing trade tensions between the two economic powerhouses.
The discussions come at a crucial time, as trade friction continues to impact both nations. Earlier this week, China’s Ministry of Commerce urged the U.S. to lift tariffs on Chinese goods. The talks in Tianjin took place amid expectations that the Biden administration may raise levies on various Chinese imports, including electric vehicles. These tariffs have been a key point of contention in the broader trade relationship between the U.S. and China.
In a statement issued on Saturday, China’s Ministry of Commerce characterized the talks as “professional, rational, and pragmatic.” Both parties discussed critical policy and business issues raised by the business communities of each nation. While the talks covered a wide range of trade topics, China’s primary focus was addressing U.S. tariffs on Chinese goods and voicing concerns over trade and investment restrictions that China believes are being imposed under the pretext of managing overcapacity.
The Chinese side emphasized that removing tariffs would be beneficial for both countries, particularly at a time when global supply chains are under strain. According to Vice Minister Wang Shouwen, a modern China with its vast population should be seen as an opportunity for the United States, opening doors for enhanced trade, cooperation, and economic growth. The ministry underscored that China is committed to maintaining open and fair trade practices but remains strongly opposed to any measures that restrict trade under unjustified pretexts.
The Biden administration has not yet confirmed any final decisions on potential tariff hikes but is expected to take a tougher stance on key Chinese imports, particularly in the technology and electric vehicle sectors. Despite these ongoing tensions, the tone of the discussions in Tianjin suggested both sides are seeking ways to address their differences in a constructive manner.
As the U.S. and China navigate this complex trade relationship, both nations face pressure from domestic business interests eager for more stability and clarity. The outcome of these talks will likely shape the direction of future trade negotiations and economic policy between the two global powers.
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