Amid ongoing trade tensions, China has announced it is evaluating the possibility of trade talks with the U.S. in May 2025. This comes as both countries have been adjusting tariffs on each other's goods.
China is reportedly creating a list of U.S. goods that would be exempted from its tariffs, while the U.S. recently ended a de minimis exemption on May 2, 2025, potentially raising prices on cheaper Chinese goods. These adjustments reflect efforts to mitigate the impact of the trade war on both economies.
The U.S. has imposed a 145% tariff on Chinese goods, prompting China to retaliate with a 125% tariff on U.S. products. Despite these measures, both sides appear to be considering a return to the negotiating table, signaling a potential de-escalation in the trade conflict.