Trump Reluctant to Increase Tariffs on China Amid Trade Talks

Reported 1 day 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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