US President Donald Trump, along with Treasury Secretary Scott Pesin (PBUH), speaks during a bilateral meeting with the ministers ’store in the Norway Store Jonas Ambassador in the Cabinet of the White House in Washington, DC, on April 24, 2025.
Saul Loop AFP | Gety pictures
president Donald Trump He indicated Friday before the key Commercial conversations It was ready to reduce the customs tariffs on China to 80 %, but that level It may still be higher than what Investors Business leaders were hoping.
Trump said in a Social truth mail. Treasury Secretary Scott Payette is one of the American officials to speak with their counterparts from China at meetings in Switzerland this week.
The 80 % tax will be a significant decrease from a 145 % tariff that currently faces many Chinese goods. However, this number can still be considered expensive for trade. It is also much higher than the 10 % foundation tariff The United States Trade Convention This was announced on Thursday.
It is unclear whether Trump wants an average of 80 % is the long -term tariff for China, or whether it should be considered a step in negotiations.
China is seen as the main obstacle to Trump’s efforts to shake the global commercial environment. While many other major countries witnessed a tariff that was previously announced partially on April 9, tensions between the White House and Beijing increased until the two countries imposed a tariff of more than 100 % on the goods.
China is one of the largest trading partners in the United States. In 2024, the United States issued $ 143.5 billion of goods to China, with the import of $ 438.9 billion, according to US Trade Representative Office.
In another social fact mail On Friday morning, Trump said: “China should open its market to the United States of America – it will be very good for them !!! The closed markets are not working !!!”
The talks in Switzerland are not expected to lead this week to a full business deal. American commercial actor Jameson Jarir said on Thursday.Power lunch“He wants the discussions to” stability “that can be” a basis for something more. “
Latest shipping data A sharp decrease in the amount of goods moved from China to the United States appears, which leads to concerns about the possibility of high prices or even a lack of goods in the coming weeks.
Friday’s comments on China’s tariff rates appear to indicate a transformation of Trump. The president said on Wednesday that he would not reduce the definitions for the transfer of China to The negotiating table.
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