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  3. Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations

Donald Trump Proposes Significant Reduction in China Tariffs Amid Ongoing Trade Negotiations

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Trump's suggestion to reduce tariffs to 80% was made in a post on his social media account, Truth Social, where he referred to US Treasury Secretary Scott Bessent and stated "80% Tariff on China seems right! Up to Scott B". The proposed cut has been seen as a potential easing of tensions ahead of a weekend meeting between top US officials and a high-level Chinese delegation in Switzerland.

    1. If you say one thing and do another, or even attempt to continue to coerce and blackmail under the guise of talks, China will never agree, much less sacrifice its principled position of international fairness and justice to seek any agreement.
    1. We do not want any kind of war with any country. But we have to face up to the reality. As you can see, people have full confidence in our capability to overcome all the difficulties … Ordinary people in the US already feel suffering from the tariff war.
    1. When decisions on tariffs are made, they will come directly from the President. Anything else is just pure speculation.
    1. We're going to see. Right now you can't get any higher. It's at 145% so we know it's coming down. I think we're going to have a very good relationship.
    1. China would need to make concessions as well.
    1. The president would like to work it out with China.... He would like to de-escalate the situation.
    1. We are hearing China at 50% to 54% and other Asian countries at 25%.
    1. It is quite clear that the Trump administration did not anticipate the severe economic consequences brought about by the tariff policy, nor did it expect such a strong response from China.
    2. The U.S. side is actually more eager than China to ease the current trend.