Trump Signals Tariff Adjustments Amid China Trade Talks

Former U.S. President Donald Trump has hinted at potential tariff reductions while maintaining pressure on China, as trade negotiations intensify. Trump stated that he had given a number to Treasury Secretary Scott Bessent regarding how low he is willing to go on tariffs, suggesting possible exemptions and adjustments.

 

Key Highlights

 

Tariff Adjustments & Negotiation Strategy

 

Trump indicated that some tariffs could be lowered, while others may be increased, depending on trade agreements.

 

He emphasized the need to strike a great deal with China, ensuring fair trade practices.

 

Bessent’s Role & Economic Strategy

 

Treasury Secretary Scott Bessent confirmed that Trump’s tariff strategy was planned all along, aiming to boost negotiations.

 

The administration is pausing new tariffs on most countries, except for China, where duties may rise to 125%.

 

Market Reaction & Global Trade Impact

 

Trump’s tariff stance has caused market fluctuations, with investors closely monitoring trade developments.

 

Billionaire investor Bill Ackman suggested a 180-day pause on Chinese tariffs, allowing time for negotiations.

 

China’s Response & Trade Talks Outlook

 

China is reportedly evaluating U.S. proposals, considering exemptions on certain American goods.

 

Trump has no immediate plans to speak with Chinese President Xi Jinping, delaying formal trade discussions.

 

Future Outlook & Policy Uncertainty

 

Trump’s unpredictable trade policies continue to create uncertainty, impacting global economic planning.

 

The administration is expected to clarify tariff adjustments in upcoming meetings.

 

This latest tariff announcement highlights Trump’s evolving trade strategy, reinforcing his focus on securing favorable deals with China.

 

Sources: mySA, Moneycontrol, Yahoo Finance