US EditionTrump says 80% tariff on China ‘seems right’ ahead of U.S.-Beijing trade talks
- Senior U.S. Representatives will hold important discussions in Switzerland this weekend with a prominent Chinese envoy, marking the first significant negotiations since President Trump initiated the trade war.
- The trade war began in February after Trump imposed stiff tariffs up to 145% on Chinese imports, prompting China to retaliate with tariffs reaching 125%.
- Trump floated cutting U.S. Tariffs from 145% to 80% ahead of the talks to deescalate tensions but insisted he would not unilaterally lower them without concessions from China.
- Trump wrote on social media that an '80% Tariff on China seems right' and said lowering tariffs would be 'so good for them,' while markets express concerns about tariff impacts on goods prices and supply chains.
- The outcome of weekend negotiations could reduce tariff rates and ease trade tensions, but final decisions depend on reciprocal Chinese concessions and ongoing supply chain effects.
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478 Articles
The business of Jackson County
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Trump proposes to reduce tariffs on China prior to meeting while seeking to alleviate trade war
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