Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war - Boston News, Weather, Sports
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WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials
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Top U.S. officials are set to meet with a high-level Chinese delegation in Switzerland in the first major talks between the nations since Trump sparked a trade war with stiff tariffs on imports.
President Donald Trump indicated that he would approve an 80 percent tariff on China but said the path of the negotiations would be up to Treasury | Economy
WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials
Originally Published: 09 MAY 25 08:00 ET Updated: 09 MAY 25 08:20 ET By David Goldman and Alayna Treene, CNN (CNN) — President Donald Trump on Friday set negotiating terms for his administration’s first discussions with China, which are set to take place in Geneva this weekend.
Top U.S. officials are set to meet with a high-level Chinese delegation in Switzerland in the first major talks between the two nations since Trump sparked a trade war with
President Donald Trump said today that an 80% tariff on Chinese goods “seems right,” making his first suggestion of a specific alternative to the 145% levies he has imposed on Chinese imports ahead of weekend talks to contain a trade war between the world’s two biggest economies.
The president wrote Friday morning that an 80% tariff — down from 145% — might be appropriate as the U.S. and China have important trade talks this weekend
“Many Trade Deals in the hopper, all good (GREAT!) ones!,” Trump added ahead of Scott Bessent and Jamieson Greer’s meeting with Chinese officials in Geneva on Saturday.
Top US officials are set to meet with a high-level Chinese delegation in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.
President Donald Trump on Friday suggested an 80% tariff on China, which would be significantly lower than the current 145% slapped on goods entering the U.S.
President Donald Trump has signaled a willingness to drastically cut the U.S. current 145% tariff rate on China ahead of trade talks between the two countries.
