While U.S. President Donald Trump claimed discussions were already underway, China’s government has denied initiating or engaging in talks, asserting that the U.S. has been reaching out proactively through various channels. China’s commerce ministry emphasized that any future negotiations must be based on sincerity and warned against coercive tactics. The escalating trade war, initiated in April by Trump, has led to high tariffs on both sides—145% by the U.S. and 125% by China—raising global economic concerns. Despite ongoing tensions, both countries have made limited tariff exceptions to mitigate broader economic impact. Chinese authorities have criticized the U.S. for bullying, while Chinese factory activity has slowed due to changes in the external economic environment. Additionally, the U.S. has implemented an executive order closing the “de minimis” tariff loophole, affecting Chinese exporters. U.S. officials remain hopeful about eventual progress toward a comprehensive trade deal, starting with de-escalation.