Trump suggests cutting China tariffs to 80 per cent ahead of trade talks – National

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Trump suggests cutting China tariffs to 80 per cent ahead of trade talks – National

By Seung Min Kim

The Associated Press

Posted May 9, 2025 7:56 am

Updated May 9, 2025 7:58 am

1 min read

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President Donald Trump on Friday floated cutting tariffs on China to 80 per cent ahead of a weekend meeting as he looks to deescalate the trade war.

Top U.S. officials are set to meet with a high-level ******** delegation this weekend in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.

“80 per cent Tariff on China seems right! Up to Scott B,” Trump wrote on his social media account on Friday morning, referring to Scott Bessent, his Treasury chief, who has been a point person on trade.

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Trump maintains 145% China tariffs, says potential reductions depend on Beijing’s actions

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Bessent and U.S. Trade Representative Jamieson Greer will meet with their counterparts in Geneva in the most-senior known conversations between the two countries in months, the Trump administration announced Tuesday. It comes amid growing U.S. market worry over the impact of the tariffs on the prices and supply of consumer goods.

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No country has been hit harder by Trump’s trade war than China, the world’s biggest exporter and second largest economy. When Trump announced his “Liberation Day” tariffs on April 2, China retaliated with tariffs of its own, a move that Trump viewed as demonstrating a lack of respect. The tariffs on each other’s goods have been mounting since then, with the U.S. tariffs against China now at 145 per cent and China tariffs on the U.S. at 125 per cent.

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