US may cut China tariffs from 145% to 50% ahead of trade negotiations in Switzerland
Thursday, 8 May 2025 () The Trump administration is reportedly considering a substantial reduction in tariffs on Chinese goods, potentially lowering them from 145% to a more sustainable 50-54%. This move coincides with upcoming trade negotiations in Switzerland. Tariffs on other Asian nations might also decrease to 25%. The decision follows discussions with business leaders, including Walmart, Target, and Home Depot CEOs.
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China is open to trade talks with the US if high tariffs are removed, while also prepared to retaliate if necessary. US tariffs on Chinese goods are causing... IndiaTimes
The Trump administration is reportedly considering slashing tariffs on Chinese imports from 145% to between 50% and 54%, potentially as early as next week, ahead... IndiaTimes
Thursday, 8 May 2025 ()
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