China ‘evaluating’ trade talks with Trump – but insists US must scrap tariffs first

News Snapshot:

CHINA HAS SAID that it is evaluating a US offer for negotiations on tariffs, but insisted Washington must be ready to scrap levies that have roiled global markets and supply chains before talks can begin. Punishing US tariffs that have reached 145% on many Chinese products came into force in April, while Beijing has responded with fresh 125% duties on imports from the United States. High-end tech goods such as smartphones, semiconductors and computers have received a temporary reprieve from US tariffs. US President Donald Trump has repeatedly claimed that China has reached out for talks on the tariffs, and...