Dice, something moves between China and the USA: the « ghost phone call » between XI and Trump, the exemptions (and the politburo ready for « extreme scenarios »))

Something moves along the Great duties wall raised between United States and China.

In Beijing A discounted revision of the customs tariffs imposed on some categories of products is underway exported by the United States, in particular in the health sector. The information comes from the American Chamber of Commerce in China, according to which the Chinese authorities have decided to exempt from duties to 125% in addition to health supplies (in particular life -saving medicines) also Components useful for the aeronautical and chemistry industry. On Chinese social networks a list of 131 types of products circulates on which the Mandarins technicians would be working on a possible tariff exemption: the overall value of these imports from the United States would be 45 billion dollars, out of a total of about 160 billion recorded in 2024.

The Ministry of Commerce of the People’s Republic did not comment on the news and that of foreign ones reiterated that Before starting a Washington negotiation it must « completely erase every unilateral duty ».
In the last two days from Washington, signs of flexibility have arrived: first the secretary of the Treasury Scott Besent He said that The commercial war « is not sustainable »then the president he said they were there first interviews and he proposed that the crisis will end with «a substantial lowering of duties».

The Chinese replied that negotiations or contacts are not underway with the Americans.

Friday was releasedInterview with the weekly Time in which Trump said that Xi Jinping called him. He did not want to say when nor what would have been said, but he added that the phone call « was not a sign of weakness on his part ».

It seems unlikely that the Chinese president in these days has called the opponentPerhaps Trump played on the conversation on January 17th, three days before his inauguration daywhen Xi had said that two large countries like China and the United States always have conflicting interests and differences of views, and had proposed interviews. Then, in April, The Liberation Day triggered the war of American duties at 145%, stamped by XI as «bullying that does not produce winners».
Beijing suggests that he is ready, if necessary, to a long friction war. XI Friday chaired the Politburo of the Communist Party that announced a defense plan of the national economy with measures to support growth and development. The Politburo press release lists the tools to counter « external shocks »: cutting of interest rates and the mandatory reserves of credit institutions to « ensure wide liquidity on the market »; « Full and effective use » of Esistent tax and monetary policiesthe; emissions of Treasury vouchers; Introduction of new means of support for technological innovation, exports and consumption; Chinese companies most damaged by duties may receive More funds To maintain the workforce e « Improve the wages of low and medium income groups to stimulate consumption ».

Before talking to Trump, Xi certainly wants to galvanize the internal front.