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President Donald Trump told reporters on Tuesday that he said that 145 percent of the total tariff levels, which are currently 145 percent, but will not be “zero”.
President Donald Trump said it was heavy on Tuesday The tax rate is 145% Americans currently have to pay for Chinese imports, it will probably be significantly reduced.
Trump said, “It will not be zero”, expressed optimism over the potential trading agreement with Chinese President Xi Jinping.
“One hundred and forty-five percent is very high, and it will not be high,” said Trump, told reporters in the oval office. “It will go down significantly, but not zero.”
White house Speaker Kuş Desay, a statement to the Fox work, the United States did not want to lower the tariffs and China should still negotiate.
Financial markets scream on Trump tariffs
President Donald Trump, China’s Xi Jinping has expressed optimism over the trade agreement. (Anna MoneyMaker / Mauro Pimentel / Via AFP / Getty Images)
“President Trump became clear: China should agree with the United States,” he said. “In case of decisions on tariffs, they will come directly from the president. Anything else is just a pure hypothesis.”
Although Trump does not know how low the tariff rates will be in detail, China and the trade agreement can potentially “can work very well,” he said.
“They will do very good and I think they will be happy and I think we will live very happy and ideal together” Trump said.
Shipping containers are seen on April 15, 2025 in Yangshan Port outside of Shanghai. (Go Nakamura / Reuters)
The President did the following words Treasury Secretary Scott Bessent On Tuesday, an investor summit explained that the conflict between Washington and Beijing was unstable and a source of the summit was told.
In recent weeks, the financial markets were immersed in the fears of the global trade war, after the Trump reveals the aggressive tariff plans on the world’s largest economic forces in the world.
If the tariff ratio was launched at 34% in China, the price increased to 145% by reaction to Beijing revenge measures. However, Trump said that the tariffs will not be “near this number.”
Trump, “very high” in China on Tuesday, “It is very high” and 145% will be “significantly descended.” (Fox News)
White House spokesman Karoline Leavitt said Washington was very good on the potential trade deal “on Tuesday with china“And many countries have made proposals to the Trump management.
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“There is a lot of progress,” Leavitt said to journalists. “We already have 18 suggestions on paper imported to the trade team. Again, these are proposals on the paper proposed by countries Trump Office and to our government. “
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