President Trump suggested on Friday that he was open to abruptly reduce the tariffs that the United States has imposed on China, since US and Chinese negotiators prepare to meet in Switzerland this weekend to see high -risk commercial conversations.
Commercial tensions between the United States and China have toured international markets and the global economy. Negotiations on Saturday and Sunday are aimed at reducing the situation and preparing the scenario for a broader commercial pact between the two economic superpowers.
In a publication on social networks, Trump said an 80 percent tariff about China “seems correct”, adding that it would be “A Scott B”, an apparent reference to the Treasury Secretary, Scott Besent. A rate of 80 percent would be a great fall in tariffs of 145 percent that Trump applied to Chinese imports in recent months, but would still be restrictive to trade between the two countries.
Although the Trump administration has been running to reach commercial agreements with other countries, it has remained in a confrontation with China. Earlier this week, the two parties had agreed to hold meetings in Geneva that will include Mr. Berry; Jamieson Greer, the United States commercial representative; And he Lifeng, the Vice Prize of China for economic policy.
Mr. Besent has argued that rates and commercial restrictions that the United States and China have collected are “unsustainable” and has urged Beijing to begin conversations to address what the Trump administration sees as unfair commercial practices.
Despite the affinity of Mr. Trump for imposing tariffs, in a separate publication on Truth Social on Friday, he presented the case of open markets and asked China to expand access to US companies.
“China should open their market to the US. – It would be so good for them! The closed markets no longer work!” Mr. Trump wrote.