Trump Reluctant to Increase Tariffs on China Amid Trade Talks

Reported 22 days ago

President Trump expressed hesitation to raise tariffs on China, fearing it could hinder trade, while indicating that communication channels with Beijing remain open. During a press briefing, he mentioned a good relationship with President Xi Jinping and suggested he might consider lowering existing tariffs to encourage consumer purchases. Despite high import duties from both nations, Trump remains optimistic about reaching a trade deal that includes the sale of TikTok's US assets.

Source: YAHOO

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