Trump To Significantly Reduce Tariffs On China

The president said that it will come down substantially but it won't be zero.

President Trump said he plans to reduce tariff rates on China.

The overall tariff level imposed is 145%. The president said that it will come down substantially but it won’t be zero.

“We’re going to be very nice. They’re going to be very nice, and we’ll see what happens. But ultimately, they have to make a deal because otherwise they’re not going to be able to deal in the United States,” Trumps said.

The announcement comes as Trump has been negotiating with Chinese President Xi Jinping and expressed optimism about a trade deal.