President Donald Trump has announced that the high tariffs imposed on Chinese goods are expected to be reduced significantly in the near future.
Speaking during a briefing at the White House, Trump expressed optimism about ongoing negotiations and hinted at progress in trade talks between the U.S. and China. “The tariffs on goods coming in from China will come down substantially,” the president stated, though he did not provide a specific timeline or conditions for the adjustment.
The U.S. had imposed steep tariffs on Chinese products during the height of the trade war, citing unfair trade practices and the need to protect American industries. China responded with retaliatory tariffs, escalating tensions between the two economic giants.
Trump’s recent comments signal a possible easing of that standoff, raising hopes among businesses and global markets for a more stable trade environment.