“The Chinese continue to say that the U.S. and China are not engaged in any consultation on tariffs.” She then pressed, “Is the administration talking to Beijing specifically about tariffs or not,” as if Bessent would be stupid enough to blurt out the Trump administration’s current position in the negotiations to the world press. So is that true?” Bessent smirked before passively mocking Jiang for taking the Beijing government’s word for it and expecting him to tip his hand: “They [China] have a different form of government [communism] — they’re playing to a different audience so I’m not going to get into the nitty gritty again of who is talking to whom.” Whatever the Trump administration’s trade strategy is, it appears to be having the intended effect on getting Chinese President Xi Jinping to cry “Uncle!” China expert and Gatestone Institute Senior Fellow Gordon Chang told Fox Business April 25 that early signs point to the Beijing government “caving” to President Trump in the trade war, “but they don't want to say they're caving.” Fox Business noted that while China “publicly announced it was not negotiating with the U.S. on trade, a later report from Reuters claimed China’s Ministry of Commerce taskforce is collecting lists of items that could be exempted from tariffs and is asking companies to submit their own requests.”
Author: Joseph Vazquez Mrc Business Associate Editor
Published at: 2025-04-29 21:23:37
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