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Trump Plans to Cut Tariffs on China to 80%, Ease Tensions
The Morning Standard
|May 10, 2025
Top US officials are set for meeting with a high-level Chinese delegation in Switzerland
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US President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top US and Chinese trade officials as he looks to deescalate the trade war between the world's two largest economies.
Top US 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.
"80% tariff on China seems right! Up to Scott B," Trump wrote on his social media account on Friday morning, referring to Scott Bessent, his Treasury chief, who has been a point person on trade. The Republican president also called on China to open its markets to the US, writing: "Would be so good for them!!! Closed markets don't work anymore!!!"
यह कहानी The Morning Standard के May 10, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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