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Trump Floats Cutting China Tariffs to 80 Percent Ahead of Meeting as He Looks to Deescalate Trade War
The Statesman Kolkata
|May 10, 2025
President Donald Trump on Friday floated cutting tariffs on China from 145 percent to 80 percent ahead of a weekend meeting among top US and Chinese trade officials as he looks to deescalate the trade war.
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.
"80 percent 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.
Dit verhaal komt uit de May 10, 2025-editie van The Statesman Kolkata.
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