Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's crippling tariffs, China's Commerce Ministry said on Friday, signalling a potential de-escalation in the trade war that has roiled global markets.

China’s Commerce Ministry says Beijing is evaluating multiple approaches by the Trump administration for trade talks.

Officials in Beijing said they want Washington to “show sincerity,” as it evaluates purported overtures by the U.S. to start trade negotiations.