Amidst an ongoing trade war, China and the United States are considering proposals to begin negotiations regarding US President Donald Trump's tariffs. China's Ministry of Commerce has acknowledged receiving messages from the US expressing a desire to engage in talks and is currently evaluating the situation. This follows reports of the Trump administration reaching out through multiple channels.

The trade war has resulted in a de facto mutual trade embargo between the world's two largest economies, causing anxiety among businesses and investors. There are fears that a protracted standoff could seriously damage the global economy. The International Monetary Fund lowered its global growth forecast for 2025 to 2.8 percent, while JPMorgan Chase estimated a 60 percent likelihood of a US recession this year.

Christopher Beddor of Gavekal Dragonomics suggests that China is genuinely open to talks if the US is serious. He noted that China has various tools at its disposal, including tariffs, export controls, and probes into US companies, along with the ability to stimulate its economy. However, policymakers prefer de-escalation.

Trump has insisted on ongoing negotiations with Beijing, a claim previously refuted by Chinese officials. He stated a "very good chance" of reaching a trade deal with China, contingent on fairness. China's Commerce Ministry maintains its consistent stance: it will fight if necessary but remains open to talks. However, it emphasizes that the US must demonstrate sincerity by correcting its actions and rescinding tariffs, warning against using talks for coercion.

US Secretary of State Marco Rubio stated that Trump's tariffs are hurting the Chinese economy, prompting Beijing to seek talks. He sees the tensions as a "wake-up call" for the US to reduce its dependence on China. Steven Okun of APAC Advisors believes meetings between officials are likely due to economic interdependence and the damage being inflicted on both economies, but he cautions against prematurely characterizing such contact as a "negotiation."

China's commerce ministry reiterated that the trade war was initiated by the United States, emphasizing that if the U.S. wants to negotiate, it must demonstrate sincerity and take concrete actions such as correcting its erroneous practices and lifting the unilateral tariffs.