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    FILE - In this Nov. 9, 2017 file photo, an American flag is flown next to the Chinese national emblem during a welcome ceremony for visiting U.S. President Donald Trump outside the Great Hall of the People in Beijing

    Chinese Ambassador: Beijing Still Committed to Trade Talks With US - Reports

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    Asia & Pacific
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    Chinese Ambassador to the United States Cui Tiankai told Fox News on Tuesday that Beijing was ready to continue trade talks with Washington.

    "China remains ready to continue our talks with our colleagues to reach a conclusion. Our door is still open", Cui said in an interview with Fox News Channel.

    The two countries have sought to overcome discord since US President Trump imposed 25 per cent tariffs on $50 billion worth of Chinese goods last June in a bid to balance the trade deficit. Since then, the sides have exchanged several rounds of duties.

    READ MORE: High-Level Trade Talks With China Fail, While Tariffs Double

    The latest hit was made by Washington last week when $200 billion in Chinese goods were subjected to a 25 per cent tariff. Beijing pledged on Monday to retaliate by raising tariffs on $60 billion worth of US imports starting in June.

    Several rounds of talks between China and the United States on their long-standing trade quarrel have so far yielded no results.

    Trump has said that trade talks with China have not collapsed, despite the fresh set of tariffs the United States imposed on Chinese goods after negotiations seemed to stall.

    US Secretary of the Treasury Steven Mnuchin said earlier that he was going to visit China in the near future to continue the negotiations.

    Chinese Commerce Ministry spokesman Gao Feng said last week, however, that he had no information about the US delegation's reported plans to visit China for a fresh round of trade talks.

    READ MORE: US Stocks Plunge on Monday Morning Amid Trump's Tariffs Threats


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