( May 8, 2025, 05:18 GMT | Official Statement) -- MLex Summary: China has stressed that its talks with the US in Switzerland were initiated following Washington's proactive outreach, reiterating its opposition to what it described as “abuse of tariff” by the US. In a statement from its embassy in Washington, Beijing said that after carefully evaluating US messages through various channels, it agreed to hold discussions at the request of the US. Accusing the US of launching the tariff war, Beijing warned that if the US truly seeks a negotiated solution, it must cease its threats and pressure, opting instead for dialogue based on "equality, mutual respect, and mutual benefit," and affirmed that it would never compromise its principles or abandon international fairness.The statement follows:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.