US President Donald Trump has signalled he may lower tariffs on Chinese goods to 80 per cent from the current 145 per cent, as Chinese and US trade officials prepare to meet in Switzerland.
“80% tariff on China seems right”, he said in a social media post.
Trump added that the decision was “up to” US Treasury Secretary Scott Bessent, without giving any further detail.
Bessent is scheduled to meet with China’s top economic official, Vice-Premier He Lifeng on Saturday.
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China unveils policy package to guard against US tariffs ahead of trade talks in Switzerland
China unveils policy package to guard against US tariffs ahead of trade talks in Switzerland
In a separate post, Trump urged China to open its market to the US, suggesting that such a move would be “good for them”.
