Trump says the U.S. and China are 'actively' discussing tariffs. Beijing says that's false.

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HONG KONG — China on Thursday directly contradicted President Donald Trump’s claims that Beijing and Washington are actively discussing resolutions to a trade war that threatens to upend the global economy.

While Trump said Wednesday that the world’s two largest economies are “actively” talking, a Chinese foreign ministry spokesperson responded that “China and the U.S. have not engaged in any consultations or negotiations regarding tariffs, let alone reached an agreement.”

The spokesperson, Guo Jiakun, made the comments at a briefing in Beijing, saying that reports of ongoing talks were false. He added that while China is open to negotiations, “if it’s a fight, we will fight to the end.”

At 145%, Trump’s tariffs are higher on China than any other country. As he ratcheted up tariffs on Chinese goods in recent weeks, citing unfair trade practices, Beijing has responded in kind, bringing its total tariff on U.S. goods to 125% — levels that amount to a mutual trade embargo.

The prospect has raised fears of a global recession, sending markets whipsawing as trade tensions have done the same. Relations briefly appeared to improve Wednesday after the Trump administration signaled that it was discussing reducing tariffs with China.

Still, Trump and Treasury Secretary Scott Bessent gave conflicting accounts of the state of negotiations Wednesday, with Bessent saying “both sides are waiting to speak to the other,” without providing further detail. The secretary reiterated remarks he made the previous day, predicting near-term de-escalation.

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