Chinese Premier Urges Dialogue with US Amid Growing Tariff Tensions
Chinese Premier Li Qiang emphasizes cooperation during a meeting with US Senator Steve Daines amid impending tariffs and ongoing trade disputes.
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Beijing has been seeking to attract foreign investment as its economy grapples with sluggish domestic consumption and a prolonged real estate slump.
Beijing pledges greater market access as top global CEOs gather at the China Development Forum
CNBC·1M·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Still, Chinese markets continued to lose steam.
Stock market today: Asian shares are mostly lower after tech-fueled gain on Wall Street
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Relations between China and the US have come under new strain after Trump slapped additional tariffs on Chinese goods, accusing Beijing of not doing enough to stem the flow of fentanyl into the United States.
Chinese premier meets pro-Trump senator and calls for ‘dialogue over confrontation’
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Just months into Trump’s second term, relations between the world’s two largest economies have deteriorated.
Chinese Premier meets pro-Trump US Senator Daines and calls for dialogue instead of confrontation
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Despite that bit of give, it has become clear that the Trump administration is not backing down on its plan to establish sweeping trade levies, even as those efforts have sharply curbed near-term U.S. growth expectations while putting pressure on global GDP.
Trump hints at 'flexibility' for China even as he plows ahead with global tariff plans
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Summary
Chinese Premier Li Qiang, during a meeting with US Senator Steve Daines and top business leaders, called for dialogue over confrontation in US-China relations. This meeting comes as US President Trump prepares to announce new tariffs by April 2, possibly targeting nations with significant trade surpluses, including several in Asia. Li, representing a conciliatory approach, stressed the need for cooperation to ensure mutual success. Notable business leaders like FedEx's CEO and Qualcomm's CEO joined the meeting, emphasizing the importance of fostering better economic ties amid the ongoing tensions over trade and fentanyl exports.
Perspectives
Chinese Premier Li Qiang called for dialogue over confrontation in a meeting with Republican Senator Steve Daines to ease US-China tensions surrounding trade tariffs and fentanyl trafficking.
Daines' visit, the first by a US politician since Trump's presidency began, seeks to address critical economic ties and foster cooperation between China and the US.
China is looking to attract foreign investment and emphasizes the need for fair competition, aiming to stabilize relations with the US to mitigate tariff pressures.
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