Trump Signals Adjustment in China Tariff Policy

The U.S. government is reportedly preparing to reduce tariffs on Chinese imports, reversing its recent decision to raise them to as high as 145%. The shift comes in response to China’s refusal to back down and its retaliatory measures challenging Washington.

The planned tariff cuts, expected to lower rates to around 50–54%, could take effect as early as next week. The change follows President Donald Trump’s remark that the tariffs on Chinese goods “could only go down,” signaling a softening stance.

China’s Ministry of Commerce confirmed that negotiations with the U.S. will begin on May 7.

Background:

On April 2, President Trump announced new tariffs on key trade partners, including China. In response, China imposed its own tariffs of up to 125% on American goods, prompting a tariff standoff between the two countries.

While the U.S. postponed additional tariffs on other nations for 90 days, the China-specific tariffs were enforced immediately. Now, Washington is also expected to cut elevated tariffs on South Asian countries, reducing them to around 25%.

Source: The New York Post / NTV