US EditionTrump says tariffs on China ‘not sustainable’, confirms meeting with Xi in two weeks
Trump acknowledged 100% tariffs on Chinese goods are unsustainable but imposed them due to China's rare earth export controls, with a high-level meeting planned to ease tensions.
- U.S. President Donald Trump confirmed a meeting with Chinese President Xi Jinping in two weeks, signaling a possible easing of trade tensions between the countries.
- Trump stated that the recently announced 100% tariffs on Chinese imports are 'not sustainable' in the long term.
- China's Commerce Ministry criticized the U.S. tariffs, stating they 'severely harm China's interests' and undermine trade discussions.
- Vice President JD Vance urged China to 'choose the path of reason' and warned that Washington would defend American interests if China escalated tensions.
95 Articles
95 Articles
Only 100 percent tariffs, and now again willingness to talk: Trump's new statements give rise to hopes for a de-escalation in the trade conflict. The WTO warns: Decoupling the two largest economies can break global economic performance by seven percent.
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GV WireTrump Says 100% Tariffs on China Not Sustainable, Still Plans to Meet Xi
WASHINGTON, Oct 17 (Reuters) - U.S. President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with Chinese authorities tightening control over rare-earth exports.
Trump admits that the tariff hike to China is unsustainable and hopes to negotiate with Xi Jinping at the APEC summit in South Korea.
US-China Tensions Thaw As Trump Calls 100% Tariffs 'Not Sustainable'
After a week of escalating trade threats that rattled global financial markets, the United States and China appear to be de-escalating, with President Trump suggesting the monumental tariffs he threatened may not be a long-term option. The President’s shift in tone, coupled with the announcement of a high-level meeting between top economic officials, injects a […] US-China Tensions Thaw As Trump Calls 100% Tariffs ‘Not Sustainable’
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