China’s Commerce Minister Wang Wentao has called for the restoration of “healthy and sustainable” commercial relations with the United States, urging Washington to act responsibly as a global power. Speaking at a press conference, Wang emphasized China’s commitment to global trade, noting the resilience of its export sector despite rising external pressures.
Wang stressed that China’s next five-year plan will focus on expanding both imports and exports, reinforcing the country’s role in global supply chains. He also underlined that China’s policy support for exports has defied the global trend, helping stabilize trade momentum.
Reflecting on the turbulent U.S.-China trade relationship, Wang said both countries have learned they are economically interdependent. “A forced decoupling is not realistic,” he noted, adding that key trade flows remain difficult to replace in the short term.
Despite recent trade tensions, Wang asserted that China and the U.S. remain vital partners. He encouraged both sides to resolve issues through “equal dialogue and consultations,” warning that “there are no winners in a trade war.” He reiterated that while China does not seek conflict, it will defend its interests.
The current average U.S. tariff on Chinese goods stands at a “still high” 53.6%, following a series of hikes introduced by President Donald Trump earlier this year. Although a truce was reached in May, Washington has given Beijing until August 12 to finalize a deal and avoid reinstatement of additional import curbs.
Wang concluded by stating that “major countries should act like major countries,” emphasizing China’s firm stance on protecting its national interests and opposing any unilateral trade aggression.


U.S.-Russia Talks Leave Ukraine Peace Efforts Uncertain
Pentagon Probe Finds Hegseth’s Use of Signal Risked Exposing Sensitive Yemen Strike Details
European Stocks Rise as Markets Await Key U.S. Inflation Data
U.S. Expected to Expand Travel Ban to More Than 30 Countries
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth
Taiwan Signals Openness to Renew Ties with Honduras as Election Unfolds
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure
IMF Deputy Dan Katz Visits China as Key Economic Review Nears
U.S. Repatriation Flight Carrying 266 Venezuelan Migrants Lands in Caracas
Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth
Israel Receives Body of Deceased Hostage as Rafah Crossing Reopening Hinges on Final Returns
Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship
Australia Progresses AUKUS Review as U.S. Affirms Strong Support
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 



