Trump signals tariff rollback on China- What changed
Donald Trump hinted at reducing the 145% tariffs on Chinese imports, acknowledging their unsustainability while insisting on a trade deal. This shift follows financial market turmoil, Chinese retaliation, and domestic pressures from businesses and consumers. Treasury Secretary Bessent's warnings and internal political tensions also influenced Trump's softened stance, though he maintained tariffs wouldn't return to zero.
Donald Trump hinted at reducing the 145% tariffs on Chinese imports, acknowledging their unsustainability while insisting on a trade deal. This shift follows financial market turmoil, Chinese retaliation, and domestic pressures from businesses and consumers. Treasury Secretary Bessent's warnings and internal political tensions also influenced Trump's softened stance, though he maintained tariffs wouldn't return to zero. What's Your Reaction?
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