Guo Jiakun, spokesperson for China’s Foreign Ministry, said that China is seeking a reciprocal trade relationship with the United States that benefits both countries. He made this statement during a press conference.
"Let me stress that China's position on the economic and trade issue is consistent and clear," said Jiakun. "We hope that the U.S. will work with China to act on the important common understandings reached by the two presidents during the phone call, make good use of the consultation mechanism, have more consensus and cooperation and less misperception through communication and dialogue on the basis of equality, respect and mutual benefit, and promote the steady, sound and sustainable development of China-U.S. relations."
According to Reuters, Chinese and American officials met in Stockholm on July 28 and 29 to discuss trade relations and tariffs. U.S. Treasury Secretary Scott Bessent said he expects President Trump to extend the tariff truce set to expire on August 12. Bessent described the discussions with China as "very constructive," but noted that the U.S. has not yet given "the signoff" to extend the truce.
The BBC reported that President Trump said his tariffs aim to strengthen U.S. manufacturing, encourage consumers to purchase more American-made goods, and reduce the trade deficit. Trump has imposed tariffs on goods including steel and aluminum imports and car parts.
Throughout 2024, according to Newsweek, China maintained tariffs on certain American goods, including machinery, vehicles, and agricultural products. Earlier this year, Beijing imposed tariffs on additional goods such as coal and liquified natural gas products in retaliation against Washington's tariffs.
China.org reported that Guo was appointed in January as the 35th spokesperson for China's Foreign Ministry.