Trump says tariff on China will ‘come down substantially’ from 145 percent
- President Donald Trump stated that tariffs on Chinese goods, currently at 145%, will "come down substantially" but will not reach zero.
- China expressed openness for trade talks with Washington, emphasizing that "the door for talks is wide open."
- Chinese President Xi Jinping warned that trade wars could "undermine the legitimate rights and interests of all countries."
- Trump expressed confidence that a trade deal with China is necessary, as the current tariffs are effectively a trade embargo.
231 Articles
231 Articles
Trump: China’s tariffs to “come down substantially” after negotiations with Xi
MxM News Quick Hit: President Trump said the 145% tariff rate on Chinese imports will drop significantly once a deal is struck with Chinese President Xi Jinping, expressing confidence that a new agreement is on the horizon. Key Details: Trump said the current 145% tariff rate on China “won’t be anywhere near that high” after negotiations. He pointed to his relationship with Xi Jinping as a reason for optimism. The White House said it is prepari…
Trump hints at cutting China tariffs ‘substantially’ from 145%
President Donald Trump said on Tuesday that the hefty tax rate of 145% Americans must currently pay for Chinese imports will likely be reduced significantly. While Trump said the rate "won’t be zero," he expressed optimism over a potential trade deal with Chinese President Xi Jinping."One hundred forty-five percent is very high, and it won’t be that high," Trump said to reporters in the Oval Office. "It will come down substantially, but it won’t…
Trump promises China to ‘substantially’ reduce tariffs; Beijing asks him to ‘abandon blackmail’
U.S. President Donald Trump said Tuesday that the high tariffs he imposed on Chinese imports will eventually “reduce substantially” and was optimistic about the possibility of reaching an agreement between the U.S. and China. “We’re going to be very kind, they will be, too, and we’ll see what happens,” Trump told reporters at a press conference in the Oval Office referring to the Chinese government. The U.S. president said he would substantially…
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