The world’s two largest economies are locked in a tit-for-tat tariff war that threatens hundreds of billions in trade and has roiled global markets and supply chains. The United States has raised tariffs on Chinese imports to 145 per cent,

Despite mounting financial pressure, China says it won’t negotiate until the Trump administration shows “sincerity” by canceling tariffs on its goods.

China's Commerce Ministry says it is evaluating the possibility of trade talks with the US, following senior US officials' expressions of willingness to talk about tariffs. They urge the US to show "sincerity" towards China,