💨 Abstract

China has denied any active negotiations with the U.S. over tariffs, stating that any claims of progress are groundless. China's Ministry of Commerce spokesman, He Yadong, emphasized that any negotiations must be based on mutual respect and equality. Trump had previously stated that the final tariff rate on China's exports would decrease significantly, but China has raised its own tariffs and employed other economic measures in response.

Courtesy: wtop.com

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