Trade tensions take center stage again as China calls for "equal dialogue" over tariffs amid renewed U.S. pressure. Foreign Ministry spokesperson Guo Jiakun pushed back Tuesday against recent remarks by U.S. Treasury Secretary Scott Bessent, who suggested China should "de-escalate" trade disputes due to its export reliance.
"The tariff war was initiated by the United States," Guo stated during a Beijing press briefing. "If the U.S. wants real solutions, it must stop threats and engage through mutual respect – not pressure tactics."
The sparring comes as economic heavyweights clash over trade rules that could reshape global markets. While Bessent highlighted the U.S.-China trade imbalance ("they sell five times more to us"), Beijing insists negotiations must pivot from win-lose to win-win frameworks.
💰 Why it matters: With rising inflation and supply chain concerns, young entrepreneurs and investors worldwide are watching this economic chess match. Could cooperation unlock new opportunities – or will renewed tensions spike prices for gamers, tech lovers, and shoppers?
