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.
Advertisement
“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 will be meeting with China’s top economic official, Vice-Premier He Lifeng on Saturday.
More to follow …
Advertisement