Trump told journalists on Wednesday that his country would have a “good agreement with China”, adding when asked if Washington spoke to Beijing that “everything is active”.
When asked if there was a direct American contact with China on trade, Trump said: “Every day”.
The Chinese Foreign Ministry also responded to complaints on Thursday, calling for “false” ongoing negotiation reports.
“As far as I know, China and the United States have not carried out any consultation or negotiations on the issue of prices, even less reached an agreement,” said spokesman for the Ministry of Foreign Affairs, Guo Jiakun, at a daily press conference.
Beijing's refusal of current negotiations coincides with the comments made Wednesday by the US Treasury Secretary, Scott Bessent, who told journalists that the two countries were not yet talking about an agreement to reduce prices.
“I think the two parties are waiting to talk about the other,” he said at an event on the sidelines of the International Monetary Fund (IMF) and the World Bank spring meetings in Washington.
The IMF has revised its world growth forecasts this week, citing an increasingly uncertain economic perspective in which “the downward risks dominate”.
He also considerably reduced his forecasts for the economic expansion of China this year to 4% – well below the official Beijing target by around 5%.
Last year, Chinese exports reached record heights, but experts claim that strong turbulence to global trade caused by American prices can force Beijing to depend on other sources of activity to achieve its objectives.
