Unverified Reports Suggest US-China Tariff Reductions to Exceed 100% Ahead of Treasury Secretary Bessent Briefing

Unverified reports have emerged suggesting that the United States and China are planning to reduce tariffs by more than 100%. These reports, circulating on social media and among traders, have yet to be confirmed by official sources. Treasury Secretary Bessent is scheduled to provide a briefing on the China trade talks at 03:00 ET (07:00 GMT), which may offer further clarity on the situation. The potential tariff reductions come amid ongoing trade discussions between the two countries, following the implementation of the US's 145% tariff on Chinese goods in April 2025.