US President Donald Trump said on Thursday that he would like to get a deal with China to end an escalating trade war. Trump made the comments during a Cabinet meeting opened to press. US Treasury Secretary Scott Bessent said during the meeting that as they settle deals with countries, it will bring more certainty on trade policy.

Meanwhile, China's commerce ministry said that China was open to dialogue with the US but it must be on the basis of mutual respect and equality.

Pressure, threats and blackmail are not the right way to deal with China, ministry spokesperson He Yongqian told a regular press briefing when asked about whether the world's two largest economies have started tariff negotiations. China will "follow through to the end" if the US insists on its own way, he said.

TAGS

The comments posted here/below/in the given space are not on behalf of Onmanorama. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.