World News@lemmy.worldEnglish · 3 days ago

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

apnews.com

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Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

apnews.com

RandAlThor@lemmy.ca to

World News@lemmy.worldEnglish · 3 days ago

As US and China begin trade talks in Geneva, Trump's tariff hammer looks less mighty than he claims

apnews.com

The way President Donald Trump sees it, beating China in a trade war should be easy. After all, the Chinese sell Americans three times as much stuff as Americans sell them.

President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war.

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shawn1122@lemm.ee
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3 days ago
Any tariff over 100% stalls trade completely. He’s probably feeling pressure over that.

Sounds like he’s negotiating with himself in the corner while China laughs at this point.

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