TRUMP MAY CUT CHINA TARIFFS TO EASE TENSIONS
The Trump administration is weighing major tariff cuts on Chinese imports—possibly by over 50%—to reduce trade tensions, sources say. No final decision has been made, and options remain open.
One idea is a tiered system:
🔸 35% tariffs on non-strategic items
🔸 100%+ tariffs on goods tied to national security
🔸 Phased in over five years
Trump confirmed Tuesday that his 145% tariffs could be reduced but “won’t be zero.” Markets reacted positively to the news.
China responded by signaling openness to talks but warned it won’t negotiate under U.S. threats. Some in Beijing see Trump’s shift as backing down.
🚨 TRUMP MAY CUT CHINA TARIFFS TO EASE TENSIONS
The Trump administration is weighing major tariff cuts on Chinese imports—possibly by over 50%—to reduce trade tensions, sources say. No final decision has been made, and options remain open.
One idea is a tiered system:
🔸 35%…
— *Walter Bloomberg (@DeItaone) April 23, 2025
BREAKING FROM THE WSJ:
– THE WHITE HOUSE IS REPORTEDLY CONSIDERING TO MEANINGFULLY SLASH CHINA TARIFFS
– TARIFFS COULD OPERATE IN A TIERED SYSTEM WITH 35% ON NON STRATEGIC GOODS & 100% ON NATIONAL SECURITY PRODUCTS
– BESSENT & LUTNICK CONVINCED TRUMP TO NOT FIRE POWELL
market… pic.twitter.com/bHyty3u90w
— amit (@amitisinvesting) April 23, 2025
🇺🇸 TREASURY SECRETARY BESSENT JUST SAID:
– 'AMERICA FIRST DOES NOT MEAN AMERICA ALONE'
— Evan (@StockMKTNewz) April 23, 2025
Bessent: "China, in particular, is in need of a rebalancing. Recent data shows the Chinese economy tilting even further away from consumption toward manufacturing. China’s economic system, with growth driven by manufacturing exports, will continue to create even more serious…
— zerohedge (@zerohedge) April 23, 2025