The US has imposed tariffs of up to 245% on Chinese imports, while China calls for an end to 'threats and blackmail'
US President Donald Trump has expressed confidence in making a 'very good deal' with China amid an escalating tariff war.
The US recently announced that China will face tariffs of up to 245% on import goods into the US due to its retaliatory actions.
This development comes as Trump met with Italian Prime Minister Giorgia Meloni in Washington, marking her first face-to-face talks with him since he imposed and then suspended tariffs on European exports.
Trump stated, 'We're going to make a very good deal with China,' and dismissed concerns about US allies getting closer to China, saying 'Nobody can compete with us.' The White House has emphasized that it is up to China to come to the negotiating table on trade, with a statement saying, 'The ball is in China's court.
China needs to make a deal with us.
We don't have to make a deal with them.' In response, China has called on the US to 'stop threatening and blackmailing' and to engage in dialogue based on equality, respect, and mutual benefit.
A foreign ministry spokesman said, 'China's position has been very clear.
There is no winner in a tariff war or a trade war...
China does not want to fight, but it is not afraid to fight.' The US has also had recent interactions with other nations, including a productive call with the President of Mexico and a meeting with Japanese Trade Representatives.