US has approached China seeking talks on Trump tariffs, says state social media
c/worldnews · u/yogthos@lemmy.ml · 24 points
c/worldnews · u/yogthos@lemmy.ml · 24 points
u/yogthos@lemmy.ml · 5 points
And it's only 2% if the overall economy to boot.
u/wurzelgummidge@lemmy.ml · 4 points
I don't think they are *reliant* on US trade anyway.
Of course they would rather trade than not trade, and losing the market would hurt, but only about 15% of China's exports go to the US.
u/yogthos@lemmy.ml · 5 points
Meanwhile, Chinese economy is already adjusting to the tariffs by redirecting trade domestically https://www.bloomberg.com/opinion/articles/2025-04-28/trade-war-china-s-e-commerce-giants-are-putting-up-a-fight
So, let's say they figure this out, US takes the L and drops their tariffs, what Chinese company is going to want to be reliant on trade with US going forward?
u/Lemmyoutofhere@lemmy.ca · 10 points
Let the grovelling begin.
u/coolusername@lemmy.ml · 7 points
China should demand that the US stop auto tariffs and the huawei ban. Also obviously no more funding terrorism and regime changes anywhere.
u/wurzelgummidge@lemmy.ml · 1 points
https://www.scmp.com/economy/china-economy/article/3308749/china-considering-start-trade-negotiations-us-commerce-ministry-says