President Donald Trump “The 80% tariff on China seems right!” he said Friday morning. The final number adds to the true society that will become US Treasury Secretary Scott Bescent.
The 80% tariff on Chinese goods coming into the US is almost half as much as it is now. 145% tariff In an Asian country.
A few minutes ago he posted:
It was the first time the president has put out a certain number after he proposed that tariffs could be reduced earlier.
As Trump swears with China’s new US ambassador, pivotal trade with Beijing looms: “What timing”
President Donald Trump said Friday morning, “80% tariffs on China seem right!” The final number adds to the true society that will become US Treasury Secretary Scott Bescent. (Reuters/Nathan Howard)
Trump suggested that lower tariffs would go ahead ahead of a weekend talk between Switzerland’s Bescent and chief trade negotiator Jamieson Greer and the emperor of China’s economy.
“That’s the number the president has thrown there, and see what happens this weekend,” White House spokesman Karoline Leavitt said during a press conference on Friday, adding that Trump should not unilaterally lower tariffs and that China should make “concessions.”
Trump’s proposal suggests that it precedes a weekend talk between Swiss Treasury Secretary Scott Bescent, and a speech between Swiss Treasury Secretary and the Swiss Economic Emperor and the Treasury Secretary between Swiss Treasury Secretary and the Swiss Economic Emperor. (AP Photo/Evan Vucci)
Earlier this week, Trump said that China is like that I’m hoping to do business with the US
“Scott will go to Switzerland and meet with China,” Trump told reporters at the White House on Thursday. “And they want to do so many deals. We all can play games. Who made the first call and who made them? That doesn’t matter. It’s just the thing that happens in that room. But China wants to do so many deals.
Earlier this week, Trump said Beijing is eager to reach the negotiation table on tariffs. (Adek Berry)
The Trump administration announced extensive tariffs across multiple countries on April 2 following criticism that other countries’ trade practices were unfair to the United States.
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The administration later coordinated the first proposal and announced it on April 9th. Chinese products, While reducing the 90-day mutual tariffs in other countries to a 10% baseline. China responded by increasing tariffs on US goods to 125%.
Diana Stancy of Fox News contributed to this report.
