President Donald Trump indicated a potential end to escalating tariffs between the U.S. and China, expressing a desire to avoid higher rates that could deter consumer spending. Despite implementing a 10% tariff on most imports and increasing rates on Chinese goods to 145%, he noted China has been in contact for negotiations, although high-level discussions have been limited. Alongside Italian Prime Minister Giorgia Meloni, Trump expressed optimism about reaching a trade deal with Europe before a 90-day tariff pause expires, emphasizing that all nations are priorities for potential trade agreements.
