US President Donald Trump has signalled his openness to cutting tariffs on China ahead of Saturday’s high-stakes talks between the world’s two largest economies, as both sides seek to de-escalate their trade war.
In a post on his Truth Social network, Trump suggested the US could almost halve its tariffs on Chinese goods, which stand at 145 per cent, while calling on Beijing to open up its markets to American products.
“80% Tariff on China seems right! Up to Scott B,” he said, in a reference to the Geneva meeting led on the US side by Treasury secretary Scott Bessent.
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