US EditionTrump says tariff on China will ‘come down substantially’ from 145 percent
- Donald Trump stated that tariffs on Chinese goods will "come down substantially," although he clarified they "won’t be zero" during a recent event in Washington.
- The White House's new website implied that the coronavirus may have originated from a lab in China, which upset Chinese diplomats.
- Beijing wants the U.S. To address concerns regarding sanctions and Taiwan before trade talks.
- Economic experts, like Alicia Garcia Herrero, believe Trump's tariff strategies are reacting to market volatility, suggesting he may be backing off his hardline position.
199 Articles
199 Articles
Trump Signals Easing Of China Tariffs, Says 145% Rate "Won't Be Anywhere Near That High"
President Donald Trump indicated Tuesday evening that the steep 145% tariffs currently levied on Chinese imports will be significantly reduced, though he ruled out eliminating them entirely. Speaking from the Oval Office, Trump stated the duties would “come down substantially.” The announcement signals a potential de-escalation in the trade conflict that intensified earlier this month. […] Trump Signals Easing Of China Tariffs, Says 145% Rate “W…
Trump Toys With Maybe Pausing Wrecking The Economy, As A Treat
Photo by Jp Valery on UnsplashWell, well, well, look who is backing down on tariffs yet again, telling reporters on Tuesday that tariffs on China “will come down substantially,” that he doesn’t want to “play hardball” with China, and furthermore swearing he would never fire Jerome Powell, and never had any such intention, nope: “None whatsoever. Never did.” Don’t believe your lying eyes and ears! Watch him say these things if you want, ugh.Of co…
Frank Hvid Petersen: Trump's U-turn is "the financial world setting him straight"
The US president on Tuesday defended the central bank governor and expressed his support for lowering tariffs on Chinese goods. "It all smells like some big money people have got a hold of Trump," says an analyst.
Trump Tries to Push Tariff Fight to Trade Court With Better Odds
President Donald Trump wants legal challenges to his sweeping tariffs to be heard by a specialized trade court, an approach that worked in his favor during his first administration even though it didn’t give him an immediate victory.
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