politics @lemmy.worldEnglish · 24 hours ago

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

apnews.com

cross-posted to:
world@lemmy.world

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

apnews.com

RandAlThor@lemmy.ca to

politics @lemmy.worldEnglish · 24 hours ago

cross-posted to:
world@lemmy.world

As US and China begin trade talks in Geneva, Trump's tariff hammer looks less mighty than he claims

apnews.com

The way President Donald Trump sees it, beating China in a trade war should be easy. After all, the Chinese sell Americans three times as much stuff as Americans sell them.

cross-posted from: https://lemmy.ca/post/43724682

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.

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23 hours ago
By Sunday it’ll be back to 200% and by Monday back down to 80%. And everyone in his circle will clap and start crying and say this was the most art of the deal we’ve ever seen.

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