Trump Questions Viability of Upcoming 157% Tariffs on China
US President Donald Trump has recently expressed concerns regarding the sustainability of high tariffs imposed on Chinese goods, specifically a staggering rate of 157 percent set to begin on November 1. As trade tensions escalate, both nations are preparing for crucial negotiations aimed at preventing further economic fallout.
Trump acknowledged that even a 100 percent tariff would be untenable, attributing blame to China for the rising discord. In a shift towards dialogue, he announced an impending meeting with Chinese President Xi Jinping, signaling hope for a fair resolution.
The urgency of these discussions is underscored by warnings from the World Trade Organization about the potential global economic impact, urging both countries to de-escalate their trade conflicts.
Related news on that topic:
The press radar on this topic:
Trump says 100% tariffs on China not sustainable, still plans to meet Xi
China tariffs 'not sustainable' — Trump
Donald Trump criticizes own tariff plans against China: 'Not sustainable'
Welcome!

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand