China’s Vice Commerce Minister engaged with US business leaders to discuss tariffs, according to officials.

by VT Markets
/
Feb 26, 2025

China’s Vice Minister of Commerce, Wang Shouwei, recently met with business leaders from the United States. The discussions centred on tariffs, according to an announcement by China’s Ministry of Commerce.

No additional details regarding the meeting have been released at this time.

The fact that Wang Shouwei sat down with American business leaders means trade remains a major concern for both sides. Given that tariffs were the focus, it suggests ongoing uncertainty in supply chains and the costs companies may have to absorb or pass on. This type of discussion does not happen without reason. If the Ministry of Commerce is making the effort to highlight the meeting, there is a strong chance that policy adjustments could follow.

When government officials engage with corporate leaders in this way, it is usually because pressures are mounting. Business representatives will have pushed for clarity, particularly those affected by the cost of imports and exports. The lack of additional details leaves more questions than answers. But what has been confirmed indicates that trade conditions between the two largest economies remain under negotiation.

Watching how the United States responds in the coming weeks will be telling. Any shift in stance from Washington could provide direction on whether tariffs will ease or remain in place. Until more information is published, markets will continue to weigh the risks. Moves in commodity prices, industrial stocks, and even foreign exchange markets may reflect expectations about how these discussions will develop.

For those paying close attention, monitoring official statements from both governments is necessary. Sometimes, policy changes are telegraphed before they become formalised. Those who react only after decisions are made may find themselves adjusting too late.

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