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Trump Says He Might Not Raise Tariffs on China Any Higher Because It Could Hurt Consumption

President Trump expressed reluctance to escalate tariffs on Chinese goods, fearing it could deter purchases. He stated that exceeding a certain tariff level might discourage buying, suggesting a potential shift in strategy. This comes after China dismissed recent US tariff threats as insignificant. Despite escalating trade tensions, including restrictions on Hollywood films and Boeing deliveries, Trump noted a positive relationship with Xi Jinping. He also commented on the ongoing TikTok situation, indicating a potential delay in a deal due to Chinese involvement.

Prepared by Christopher Adams and reviewed by editorial team.

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