President Donald Trump has floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting as he looks to deescalate the trade war.

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.

  • AntelopeRoom@lemm.eeEnglish
    7·
    5 hours ago

    He has to or he is gonna completely destroy every American corporation and have mass unemployment.

    • Angry_Autist (he/him)@lemmy.worldEnglish
      21·
      1 hour ago

      The damage is done, we will be in Depression 2.0 by midsummer

      Supply chain is already broken, it will take months to rebuild if they ended the tariff bullshit RIGHT NOW

      But as slow as this is moving, we’re going to see massive layoffs in shipping infrastructure and that will take YEARS to rebuild

    • Smoogs@lemmy.worldEnglish
      3·
      4 hours ago

      That and xi and Putin were in a love nest this morning and posted all the pics. It was very much a rub in trump’s face.