US EditionTrump says 80% tariff on China ‘seems right’ ahead of U.S.-Beijing trade talks
- President Donald Trump proposed reducing tariffs on Chinese imports from 145% down to 80% prior to the scheduled meeting between senior U.S. And Chinese trade representatives in Geneva over the weekend.
- The talks come after several months of rising tariffs that began when Trump introduced the so-called 'Liberation Day' duties in early April, prompting China to impose its own retaliatory tariffs.
- Scott Bessent, head of the U.S. Treasury, and Trade Representative Jamieson Greer are scheduled to hold high-level discussions with Chinese Vice Premier He Lifeng, marking the first senior meetings since the start of the trade conflict.
- Trump said on social media that an '80% tariff on China seems right!' while acknowledging that the current 145% rate is unsustainable and effectively an embargo on trade.
- The proposed tariff cut aims to deescalate tensions but would still keep import duties high, possibly causing supply chain challenges amid calls for China to open its markets.
322 Articles
322 Articles
Change of Heart? President Trump Now Talks Slashing Tariffs for China
President Donald Trump said on social media he’s open to cutting China tariffs from 145% to 80%. That’s a big discount! Analysts are saying shoppers won’t see big price drops on clothes, sneakers, or toys. They also caution that Chinese product shortages could persist even at lower rates. But that just leaves room for American manufactures to fill the gap. Looks like tariff tug-o-war isn’t ending anytime soon. NOW – Donald Trump on China: "CHIN…
As US and China begin trade talks, Trump's tariff hammer looks less mighty than he hoped
The way US President Donald Trump sees it, beating China in a trade war should be easy.After all, his logic goes, the Chinese sell Americans three times as much stuff as Americans sell them. Therefore, they have more to lose. Inflict enough pain – like the combined 145 per cent taxes he slapped on Chinese imports last month – and they'll beg for mercy.Trump's treasury secretary, Scott Bessent has confidently compared Beijing to a card player stu…
Trump's Tariff Talk: Will the U.S. Hold Firm?
Trump's Tariff Talk: Will the U.S. Hold Firm? In a firm stance, President Donald Trump declared that the United States will not unilaterally reduce tariffs on Chinese goods without receiving concessions from China. This announcement came through the White House on Friday, just hours after Trump proposed the idea of lowering the existing tariff rate from 145% to 80%.White House spokesperson Karoline Leavitt addressed the press, saying, "That was …
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