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Trump Signals Potential Tariff Reductions Ahead of U.S.-China Trade Talks
Trump Signals Potential Tariff Reductions Ahead of U.S.-China Trade Talks
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President Donald TRUMP hinted at possible reductions to U.S. tariffs on Chinese goods during a Truth Social post, calling the current 80% levy "perfect" while simultaneously suggesting openness to adjustments. The remarks precede high-stakes trade negotiations in Geneva this weekend, where U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet China’s Vice Premier He Lifeng.
Shipping data reveals a sharp contraction in Chinese exports to the U.S. following tariff implementations, underscoring the economic stakes. Trump framed the tariffs as leverage, demanding greater U.S. market access in China. "They should open their markets—it WOULD benefit them," he asserted, leaving the door ajar for concessions.
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