China expressed openness to trade talks with the US on Wednesday, under certain conditions, even after the White House clarified that "China now faces up to a 245% tariff on imports to the United States.

President Donald Trump‘s administration has hiked tariffs on Chinese imports to the U.S. by up to 245%, as per a fact sheet released by the White House on Apr. 15. Trump signed an executive order launching an investigation into the national security risks posed by American reliance on imported critical minerals and their derivatives.