China 'evaluating' US offer to talk tariffs; warns against 'extortion'

Beijing's latest message signals potential de-escalation of trade war

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China has urged the U.S. to drop its trade tariffs and act sincerely, warning of possible countermeasures. © Reuters

BEIJING (Reuters) -- Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's 145% tariffs, China's Commerce Ministry said on Friday, although it warned the United States not to engage in "extortion and coercion."

Washington and Beijing have been locked in a cat-and-mouse game over tariffs, with both sides unwilling to be seen to back down or be first to come to the table to negotiate a trade war that has roiled global markets and upended supply chains.

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