Beijing is “evaluating” an offer from Washington to hold talks over US President Donald Trump’s 145 per cent tariffs, China’s Commerce Ministry said on Friday, although it warned the United States not to engage in “extortion and coercion”.

Washington and Beijing have been locked in a cat-and-mouse game over tariffs, with both sides unwilling to be seen to back down or be the first to come to the table to negotiate a trade war that has roiled global markets and upended supply chains.

The Chinese Commerce Ministry said the United States has approached China to seek talks over Trump’s tariffs, and Beijing’s door was open for discussions,........

© Dawn Business