China says that we have no tariff dialogue, even Trump otherwise emphasizes

China has insisted that despite the claim of President Donald Trump, it is not a trade conversation with the United States that he received a call from Chinese leader Xi Jinping.
In an interview with Time magazine published on Friday, Trump did not specify when the alleged conversation took place or what was discussed, just saying, “They are called. And I don’t think it is a sign of weakness on his side.”
The Chinese Ministry of Commerce had already denied that any talks were going on. On Saturday, the Beijing Embassy in Washington reiterated the situation in a statement posted on Wathat, stating, “No consultation or negotiation between China and the United States on tariff issues, give any agreement alone.”
Without the name Trump or Xi directly, the embassy stated that the American suggestions of the ongoing dialogues were “nothing but misleading,” and insisted, “This trade war was launched by the US. If America really wants to resolve the issue through dialogue, it should correct its mistakes, threaten and pressurize others, and completely remove all the unilateral remedies against China.”
Trade war between the world’s two largest economies has increased rapidly, Trump has implemented a tariff of up to 145% on Chinese goods, inspiring 125% retaliation from China. Trump has suggested that deals can be done with various business partners in the coming weeks, stating time, “There is a number on which they will feel comfortable. But you can’t let them make a trillion dollar on us.”
However, confusion ruled over the status of talks. Trump has stated that the new tariffs will be determined internally, yet they have also admitted that it is “physically impossible” to organize all the necessary meetings. Treasury Secretary Scott Besant and Chinese officials have said that the conversation has not started.
Uncertainty is creating equal concern between businesses and foreign leaders. The latest Beige Book of the Federal Reserve reported an increase in the uncertainty of trade, while the International Monetary Fund Conference expressed disappointment over the lack of clarity. Josh Lipsky of the Atlantic Council commented, “There is not a consistent strategy at this time to achieve the tariff.”
Other countries are trying to attach. Swiss president Karin Keller-Sater said Switzerland was assigned a contact person for privileged negotiations, while South Korea and European Union are also demanding tariff cuts. Meanwhile, American companies are already facing high prices and falling imports. Flexport CEO Ryan Peterson revealed that the ocean container booking from China to the US was more than 60% of industry-wide as tariffs were effective.