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@BFMTVDonald Trump is now talking about reducing tariffs on China to 80% https://t.co/b1U87Cb5Pf https://t.co/DEQdCfgfXo
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Trump Proposes 80% China Tariffs in Switzerland Talks Led by Bessent, Greer
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15 posts • Grok (2)
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President Donald Trump has suggested reducing the U.S. tariff on Chinese goods from 145% to 80% ahead of trade talks scheduled for this weekend in Switzerland. Trump stated on social media that '80% seems right,' leaving the decision up to Treasury Secretary Scott Bessent. This proposal comes as part of efforts to deescalate the ongoing trade war between the two nations.
The move follows a series of escalating tariffs, with the U.S. imposing 145% tariffs on Chinese goods and China responding with 125% tariffs on U.S. imports. Trump also urged China to open its market, stating that 'Closed markets don't work anymore,' emphasizing the need for increased market access for U.S. goods.
The upcoming talks in Geneva will involve Bessent and U.S. Trade Representative Jamieson Greer meeting with their Chinese counterparts. These discussions mark the first major negotiations since the trade war intensified, highlighting the urgency to find a resolution amidst growing concerns over the impact of tariffs on global trade.
More breaking stories on DeepNewz — updated live.
CNN Breaking News
@cnnbrkPresident Trump says the US should lower its 145% tariff on most Chinese goods to 80% ahead of trade talks between the two countries this weekend https://t.co/5V9fi2ZwGP
Daniel Lacalle
@dlacalle_IATrump suggests cutting China tariff to 80% ahead of U.S.-Beijing trade talks https://t.co/oYzbVQVQF7
Chicago Tribune
@chicagotribunePresident Donald Trump floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting as he looks to deescalate the trade war. https://t.co/kVxSqwfzmC
MarketWatch
@MarketWatchTrump suggests tariffs on China could drop to 80% ahead of weekend talks https://t.co/zJkAe6nplm
Sources
el Nuevo Herald
@elnuevoheraldTrump says 80% of tariffs on China are “appropriate” and asks Beijing to open its market https://t.co/VVUahm1hJf
The Globe and Mail
@globeandmailTrump floats cutting tariffs on China to 80% ahead of weekend trade talks https://t.co/vWhdz64mnj
Chicago Tribune
@chicagotribunePresident Donald Trump floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting as he looks to deescalate the trade war. https://t.co/kVxSqwfzmC
Story Timeline
•Latest version
Trump Signals Tariff Cut to 80% as U.S. Mulls 50% Levy on Chinese Goods
Trump Proposes Reducing China Tariffs to 80% Ahead of Weekend Talks in Switzerland
Trump Proposes 80% China Tariffs in Switzerland Talks Led by Bessent, Greer
Trump Signals 80% Tariff Reduction on China Ahead of Talks in Switzerland with Bessent and He Lifeng
Trump Suggests 80% Tariff on China Ahead of U.S.-Beijing Weekend Talks in Switzerland
Trump Urges China to Open Markets, Proposes 80% Tariff Ahead of Talks in Switzerland
•Original version
Trump Calls for China to Open Market to US on Truth Social, Despite Past Global Tariffs
