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Trump’s trade war olive branch met with derision and mistrust inside China

  • US President Donald Trump indicated on Tuesday that a substantial reduction in tariffs on Chinese goods is possible.
  • This potential shift followed concerns from US retail CEOs and increasing domestic economic pressure on Trump.
  • Current tariffs stand at 145% and might decrease to between roughly 50% and 65% according to a senior White House official.
  • Chinese social media users widely derided the news, with one hashtag about Trump racking up over 150 million views.
  • Beijing has shown suspicion and stated it will not negotiate under pressure, demanding tariff cancellation first.
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elucid.media broke the news in on Thursday, April 24, 2025.
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