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China can play hardball at looming trade talks with US: analysts

  • China and the United States agreed to hold trade talks in Geneva on May 10–11, marking their first in-person negotiations since the trade war resumed.
  • The talks follow escalating tariffs—up to 145 percent by the U.S. And 125 percent by China—and reflect deep economic tensions worsened by mutual tariff hikes.
  • Analysts note Beijing’s tough stance amid rising unemployment and factory closures in China, while Washington maintains pressure seeking tariff cuts and market openings.
  • Senior fellow Jayant Menon described the ideal outcome as a tariff suspension with a reasonable negotiation timeline, while President Trump emphasized ongoing pressure with "Don't kid yourself."
  • The talks could ease tensions but risks remain of no agreement, which would deepen market instability and further harm trade, jobs, and consumption on both sides.
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China can play hardball at looming trade talks with US: analysts

A formidable set of cards that includes granting access to its vast market and an ability to withstand economic pain will allow Beijing to play hardball in upcoming trade talks with the United States in Geneva, analysts say.

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CBN broke the news in Washington, United States on Wednesday, May 7, 2025.
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