US EditionTrump says 80% tariff on China ‘seems right’ ahead of U.S.-Beijing trade talks
- President Donald Trump suggested lowering tariffs on Chinese goods to 80% in anticipation of upcoming high-level trade discussions between the U.S. And China in Switzerland this weekend.
- The talks follow an escalating trade war sparked by Trump earlier in 2024, with tariffs on Chinese imports rising to 145% and Chinese tariffs on U.S. Goods at 125%.
- Trump indicated he provided negotiators a minimum tariff level but kept the specific number undisclosed, while U.S. And Chinese officials, including Treasury chief Scott Bessent, are set to meet in Geneva.
- Trump tweeted that an 80% tariff 'seems right' and urged China to open its markets, while experts characterize the upcoming talks as preliminary, with no clear roadmap to de-escalate tensions.
- If a tariff rollback occurs, it could ease strain on companies and financial markets on both sides, but observers warn China might walk away if it feels unequal treatment or lack of U.S. Concessions.
395 Articles
395 Articles
The Washington Hispanic
Trump suggests reducing tariffs on Chinese products to 80%
U.S. President Donald Trump suggested this Friday lowering to 80% the tariffs imposed on China, the eve of trade negotiations between the two countries in Switzerland. Ever since Trump returned to the White House in January, his administration has imposed customs tariffs of up to 145% on products from China in several waves. Beijing retaliated with 125% levies on U.S. imports and other measures. Since then, bilateral trade has virtually stalled.…
Trump estimates that 80% customs duty on Chinese products "seems appropriate"
The President of the United States, who had announced a rate of 145 per cent, is marching back this Friday on the margins of the negotiations planned this weekend between the two world's largest economies.
Trump Says "80% Tariffs On China Seems Right" Ahead Of Weekend Trade Talks
This article was originally published by Tyler Durden at ZeroHedge. President Trump posted on Truth Social, “80% Tariff on China seems right!” while noting that the final decision rests with U.S. Treasury Secretary Scott Bessent. The comment lends credibility to an earlier New York Post report suggesting the administration is considering cutting tariffs on Chinese imports from 145% to a significantly lower baseline. Trump also said: “CHINA SHOU…
As U.S. and China begin trade talks in Geneva, Trump's tariff hammer looks less mighty than he claims
The way President Donald Trump sees it, beating China in a trade war should be easy. After all, the Chinese sell Americans three times as much stuff as Americans sell them. Therefore, they have more to lose. Inflict enough pain…
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…
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