China, US to Resume Trade Talks Amid Tariff Disputes

China has agreed to engage in dialogue with the United States, with Vice Premier He Lifeng scheduled to meet with U.S. Treasury Secretary Janet Yellen during his visit to Switzerland from May 9 to 12. This decision comes after the U.S. government implemented unilateral tariff measures that have significantly impacted Sino-U.S. economic and trade relations. The Chinese government, after careful evaluation, has decided to engage in dialogue with the U.S. side, with He Lifeng serving as the chief negotiator for China.

The decision to engage in dialogue was made after considering global expectations, China's interests, and the calls from the U.S. business community and consumers. China's stance remains consistent: whether through confrontation or dialogue, China will firmly defend its development interests and uphold international fairness and justice. Any dialogue must be based on mutual respect, equality, and mutual benefit. China expects the U.S. to acknowledge the negative impact of its unilateral tariff measures and take concrete steps to address them.

China's approach to the ongoing trade tensions with the U.S. is multifaceted. While engaging in dialogue, China is also prepared to take firm action to defend its interests. The country has emphasized that it will not compromise on its principles or international fairness and justice. China's strategy involves a combination of diplomatic engagement and economic measures to address the challenges posed by unilateral tariffs.

The meeting between He Lifeng and Yellen is a significant step in the ongoing efforts to resolve the trade disputes between the two countries. It reflects a willingness on both sides to engage in dialogue and find a mutually beneficial solution. However, the outcome of these talks will depend on the sincerity and commitment of both parties to address the underlying issues and work towards a fair and balanced trade relationship.

Following the talks in Switzerland, He Lifeng will travel to France from May 12 to 16 to co-chair the 10th China-France High-Level Economic and Financial Dialogue with French officials. This series of engagements underscores China's commitment to maintaining open dialogue and cooperation with other nations, despite the challenges posed by unilateral trade measures. China's approach to these dialogues is consistent with its broader strategy of promoting international cooperation and maintaining open trade relations.