Trump Signals Softer Stance on China Tariffs: “It Won’t Be 145%”
In a dramatic turn of events Trump Signals Softer Stance on China Tariffs: “It Won’t Be 145%.” Hesignaled a significant shift in his administration’s approach to trade negotiations with China, suggesting that the hefty 145% tariffs on Chinese imports will be reduced “substantially.” Trump on Tuesday, speaking at a White House press conference, amid the ongoing trade war between the world’s two largest economies offered his most optimistic tone yet. Alluding to his ongoing efforts to reach a mutually beneficial agreement with Chinese President Xi Jinping, Trump said, “We’re going to be very nice, and they’re going to be very nice. And we’ll see what happens.”