US-China Tariff War / Dragon bows down to US tariff, says if Trump shows respect then we are ready for talks

US-China Tariff War: The long-running tariff war between the US and China is now taking a new turn. China has shown some leniency in the face of US President Donald Trump's aggressive stance. Due to this, there are signs of melting of the ice between the two economic superpowers. In the latest development, while the US increased the tariff on Chinese products to 245 percent, China has expressed its desire to negotiate in response - although with some of its own conditions.

China's conditions: Respect and clarity are necessary

According to news agency Bloomberg, China has expressed the possibility of starting trade talks with the US again, but for this it has laid down some conditions. The most important of these conditions is - America adopting a respectful attitude towards China. Apart from this, China has demanded more stability in US policy, clarity on issues related to Taiwan and leniency in sanctions.

According to a source, China has also proposed that if Trump supports the talks, the US should appoint a special contact person who will lead the negotiations and can decide the outline of a possible agreement between Xi Jinping and Trump.

China's strategic move on rare minerals

At the same time, in response to the tariff policy of the Trump government, China has also retaliated strategically. China has not only imposed a 125 percent tariff on the US, but has also banned the export of rare minerals and magnets. These are the minerals that are widely used in the manufacture of electronics, automobiles and defense products.

Experts believe that China has almost a monopoly on the supply of these minerals, so its impact on the manufacturing industry of the US and other countries can be serious. If the tariff war drags on for long, it can have a profound impact on the global production chain.

Is the US not ready for talks?

However, despite China's signs of softening, there has been no positive response from the US at the moment. US Treasury Secretary Scott Bessant said in a recent interview that the US is giving priority to trade talks with 14 other countries, away from China. He said bluntly, "Let's keep China aside".

At the same time, White House Press Secretary Caroline Levitt also made it clear that China needs to deal with the US, there is no pressure on the US. He said, "The ball is now in China's court".

Will the equation change?

These statements make it clear that the US is currently sticking to the strategy of maintaining pressure on China, but the dialogue initiative from China can give a new turn to this tariff war. If talks begin between the two countries, it will not only provide stability to global markets, but international trade can also get a new direction.

It will be interesting to see in the coming weeks how the Trump administration takes China's initiative—as an opportunity or as another strategic move.