End to US-China trade war? Trump says tariffs on China 'will come down substantially'
Wednesday, 23 April 2025 US President Trump indicated that the high tariffs on Chinese imports, currently at 145%, will be reduced substantially, emphasising that the previous zero-tariff situation was detrimental to the US. Treasury Secretary Bessent acknowledged the unsustainability of the current trade standoff, while the White House claims many countries are interested in new trade arrangements.
Sir Ed Davey said Parliament's recall to protect British Steel is essential amid “Putin’s barbaric war” and Trump’s “outrageous tariffs”. He said the Liberal Democrats will work..
Amidst escalating trade tensions, Donald Trump asserts that "the ball is in China's court," highlighting the tariff war where US tariffs on Chinese goods have... IndiaTimes
On April 2, 2025, President Trump announced tariffs to assert US economic independence, targeting countries including China. He insists this will revitalise... IndiaTimes