Trump suggests cutting China tariffs to 80% ahead of meeting

May 9 2025 by Fast Company

The tariffs on each other’s goods have been mounting since then, with the U.S. tariffs against China now at 145% and China tariffs on the U.S. at 125%.

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 between the world’s two largest economies.

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