On the eve of the China-US talks, Trump said that imposing an 80% tariff on China "seems reasonable".
According to the app of Wisdom Financial, news reports quoting informed sources revealed that the Trump administration is reportedly considering a substantial reduction in tariffs during weekend talks with China, aiming to alleviate the recent tense trade situation between China and the U.S. and reduce the economic pressure that has already begun to emerge globally. The Trump administration is discussing a significant reduction in tariffs and seeking concessions on rare earths, and the weekend consultations between China and the U.S. may signal a potential opportunity for easing the tense trade relations between the two countries.
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