Trump Proposes Major Tariff Cut Before China Talks
Trump Proposes Major Tariff Cut Before China Talks

Trump Proposes Major Tariff Cut Before China Talks

News summary

President Donald Trump has proposed reducing US tariffs on Chinese goods from 145% to 80%, ahead of high-level trade talks in Switzerland. Treasury Secretary Scott Bessent will make the final decision and lead the US delegation in negotiations with Chinese Vice Premier He Lifeng in Geneva. The tariff standoff has led to sharply declining Chinese exports to the US, significant market volatility, and strain on multinational corporations and global supply chains. Both sides maintain tough positions, with Trump urging China to open its markets and Chinese officials insisting the US act first. Financial markets have reacted positively to the possibility of tariff reductions, hoping for greater stability. However, there are ongoing concerns that even an 80% tariff could continue to disrupt trade and raise costs for US businesses and consumers.

Story Coverage
Bias Distribution
48% Left
Information Sources
d387b58c-602b-49e7-8f0e-990aad2baa47590f0115-7f1b-422d-91c7-98a5c6a635300de89078-8bc1-4dae-b16e-c0e6d67fee74d4079dec-c4d7-486d-90bc-42ed6f2e26f1
+17
Left 48%
Center 29%
Right 24%
Coverage Details
Total News Sources
31
Left
10
Center
6
Right
5
Unrated
10
Last Updated
7 days ago
Bias Distribution
48% Left
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