☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 months agoUS has approached China seeking talks on Trump tariffs, says state social mediawww.theguardian.comexternal-linkmessage-square6fedilinkarrow-up113arrow-down11
arrow-up112arrow-down1external-linkUS has approached China seeking talks on Trump tariffs, says state social mediawww.theguardian.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 months agomessage-square6fedilink
minus-squarewurzelgummidge@lemmy.mllinkfedilinkarrow-up1·2 months agohttps://www.scmp.com/economy/china-economy/article/3308749/china-considering-start-trade-negotiations-us-commerce-ministry-says
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up6arrow-down1·2 months agoMeanwhile, Chinese economy is already adjusting to the tariffs by redirecting trade domestically https://www.bloomberg.com/opinion/articles/2025-04-28/trade-war-china-s-e-commerce-giants-are-putting-up-a-fight So, let’s say they figure this out, US takes the L and drops their tariffs, what Chinese company is going to want to be reliant on trade with US going forward?
minus-squarewurzelgummidge@lemmy.mllinkfedilinkarrow-up4·2 months agoI don’t think they are reliant on US trade anyway. Of course they would rather trade than not trade, and losing the market would hurt, but only about 15% of China’s exports go to the US.
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up6arrow-down1·2 months agoAnd it’s only 2% if the overall economy to boot.
https://www.scmp.com/economy/china-economy/article/3308749/china-considering-start-trade-negotiations-us-commerce-ministry-says
Meanwhile, Chinese economy is already adjusting to the tariffs by redirecting trade domestically https://www.bloomberg.com/opinion/articles/2025-04-28/trade-war-china-s-e-commerce-giants-are-putting-up-a-fight
So, let’s say they figure this out, US takes the L and drops their tariffs, what Chinese company is going to want to be reliant on trade with US going forward?
I don’t think they are reliant on US trade anyway.
Of course they would rather trade than not trade, and losing the market would hurt, but only about 15% of China’s exports go to the US.
And it’s only 2% if the overall economy to boot.