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Mon, May 12, 2025

China's official media welcome US tariff deal, others sceptical


Published on 2025-05-12 10:04:01 - Reuters
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  • BEIJING/ HONG KONG (Reuters) -A tariff deal between the United States and China on Monday was greeted with scepticism on Chinese social media, while official commentary welcomed the news. Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent said the two sides had agreed a 90-day pause and tariffs would be reduced by over 100 percentage points to a 10% baseline rate. "I'm just afraid that Trump might change his mind at any time, after all he is not normal," one user called Qijie wrote on China's social platform Weibo.

China's official media outlets, including the Global Times and Xinhua, have welcomed the U.S. decision to lift some sanctions on Chinese tech giant Huawei, describing it as a positive step towards improving bilateral relations. The move, which allows U.S. companies to resume selling certain products to Huawei, was seen as a sign of easing tensions between the two countries. However, Chinese media also cautioned that the U.S. should take further steps to address other trade and technology disputes, emphasizing that more needs to be done to restore trust and cooperation between the two nations.

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[ https://www.yahoo.com/news/chinas-official-media-welcome-us-123308169.html ]