Trump suggests reducing Chinese definitions to 80 percent before commercial conversations – national

Photo of author

By [email protected]


president Donald Trump On Friday, the customs tariff for China raised 80 percent before the weekend meeting, as it looks to cancel the trade war.

Senior US officials are scheduled to meet with a high -level Chinese delegation in Switzerland in the first major talks between the two countries since Trump sparked a trade war with a severe tariff for imports.

“It seems that 80 percent of the tariffs on China are right! Even Scott B”. The Republican President also called on China to open its markets to the United States, and writing: “It will be very good for them !!! The closed markets are no longer operating !!!”

The Trump administration announced this week that the American commercial representative and the American commercial representative will meet with their counterparts in Geneva in the most famous talks between the two countries months. It comes amid the increasing American market concern about the impact of definitions on the prices and supply of consumer goods.

The story continues below the advertisement

No country has been hit more than Trump’s trade war from China, the largest source in the world and the second largest economy. When Trump announced the “Liberation Day” tariff on April 2, China took revenge on its definitions, a move that Trump considered to show disrespect. Definitions have risen on each other since then, with the US tariff against China now by 145 percent and China on the United States by 125 percent.


Click to play the video:


Trump says 145 % of the Chinese customs tariff, he says potential cuts depend on Beijing’s actions


Trump had previously said he would not reduce definitions against China for fundamental talks. But he showed signs of softening during the appearance of an oval office on Thursday, when he said that it could “reduce the 45 percent interest rate on Chinese goods if weekends took well.

As for the news that affects Canada and around the world, he participated in the urgent news alerts that were delivered directly when it occurs.

Get national news

As for the news that affects Canada and around the world, he participated in the urgent news alerts that were delivered directly when it occurs.

“We will see,” Trump said. “At the present time, you can’t get anything higher. It is in 145, so we know it is going down.”

The story continues below the advertisement

The president team acknowledged that the tariff, which amounts to 145 percent, was not sustainable, as taxes at this rate were an actual ban on any trade between the two countries.

But it is still unclear how Trump can reconcile the contradictions in his declared goals. He wants large sums of customs tariff revenues to compensate for tax cuts on income, but he also wants to increase deals from reaching the markets to American goods that are likely to require less tariff. His assistants said he wanted to isolate China, however his definitions on other commercial partners make it difficult to create a permanent alliance on trade.


And copied 2025 Canadian press





https://globalnews.ca/wp-content/uploads/2025/05/61d37cf5e28d202915252b9b897a36abf84dbe26041f44ed28bdf250c9f4a541.jpg?quality=85&strip=all&w=720&h=379&crop=1

Source link

Leave a Comment