Trump Proposes Tariff Cuts in Upcoming China Trade Talks | JQJO

Trump's administration is initiating trade talks with China this weekend in Geneva. Trump, via Truth Social, proposed lowering US tariffs on Chinese goods from 145% to 80% in exchange for increased Chinese imports. While aiming for de-escalation, officials temper expectations of an immediate deal, noting the process could take years. The current trade war has already caused significant economic damage, including a recent US GDP contraction and rising inflation. Despite Trump's suggestion, the White House clarified that no tariff changes will occur before the talks conclude.