China signals it is willing to return to trade talks with U.S.

A government policy paper on trade issues with the U.S. released Sunday accused Washington of scuttling the negotiations, which broke down in all but name last month. It said the Trump administration’s “America First” program and use of tariffs are harming the global economy and that China wouldn’t shy away from a trade war if need be.

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Throughout the document and at a briefing, the government suggested a willingness to return to negotiations. “What truly matters is how to enhance mutual trust, promote cooperation and manage differences,” the paper said. Vice Commerce Secretary Wang Shouwen told reporters, “We’re willing to adopt a cooperative approach to find a solution.”

The tone, if not the substance, was markedly more measured than the sharp, at times nationalistic rhetoric adopted by state media and some officials in the past three weeks, and Chinese trade experts said the point is to signal talks can resume, though the onus is on the U.S.

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