The U.S. and China are waging a tit-for-tat trade battle, which threatens to stunt the global economy. The U.S. imposed tariffs of 145% on Chinese imports, prompting China to retaliate with tariffs reaching 125% on American goods. The U.S. also has imposed new tariffs on most other countries. Trump told a White House news conference that “145% is very high” and could be lowered through China-U.S. negotiations. “It’ll come down substantially. But it won’t be zero ‒ used to be zero. We were just destroyed. China was taking us for a ride.”
onsdag 23. april 2025
Trump now says China tariffs will come down substantially, but won’t be zero
U.S. President Donald Trump said Tuesday that recently imposed tariffs on Chinese goods will “come down substantially,” but won’t be zero, in the latest zigzag for Washington’s stance on global trade.
The U.S. and China are waging a tit-for-tat trade battle, which threatens to stunt the global economy. The U.S. imposed tariffs of 145% on Chinese imports, prompting China to retaliate with tariffs reaching 125% on American goods. The U.S. also has imposed new tariffs on most other countries. Trump told a White House news conference that “145% is very high” and could be lowered through China-U.S. negotiations. “It’ll come down substantially. But it won’t be zero ‒ used to be zero. We were just destroyed. China was taking us for a ride.”
The U.S. and China are waging a tit-for-tat trade battle, which threatens to stunt the global economy. The U.S. imposed tariffs of 145% on Chinese imports, prompting China to retaliate with tariffs reaching 125% on American goods. The U.S. also has imposed new tariffs on most other countries. Trump told a White House news conference that “145% is very high” and could be lowered through China-U.S. negotiations. “It’ll come down substantially. But it won’t be zero ‒ used to be zero. We were just destroyed. China was taking us for a ride.”
