During a White House news conference, US President Donald Trump announced that tariffs on imported goods from China will be reduced from their current rate of 145%, stating they will “come down substantially, but it won’t be zero.” This statement followed Treasury Secretary Scott Bessent’s remarks that the high tariffs were unsustainable and indicated an expectation for a “de-escalation” in the ongoing trade war between the US and China. Trump maintained that the US is “doing fine with China,” despite these tariff adjustments.
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