Trump administration may half 145% China tariff to 50% next week: Report

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 of trade talks in Switzerland. Retail leaders have urged Trump to ease the tariff burden, and retailers are preparing for various outcomes.

May 8, 2025 - 21:15
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Trump administration may half 145% China tariff to 50% next week: Report
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 of trade talks in Switzerland. Retail leaders have urged Trump to ease the tariff burden, and retailers are preparing for various outcomes.

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