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🚨🇺🇸U.S. Considers #Cutting China Tariffs to 50%-54% as Trade Talks Loom
🔹Tariff Reduction: Trump administration may slash China tariffs from 145% to 50%-54% next week.
🔹Trade Talks: High-level discussions in Switzerland on May 9-12 with U.S. and Chinese officials.
🔹Retail Impact: Retailers preparing for tariff scenarios, especially in toy sectors.
🔹Market Reaction: Stocks climb in anticipation of a major trade deal.
-NYP, WSJ.
$BTC $ETH
🔹Tariff Reduction: Trump administration may slash China tariffs from 145% to 50%-54% next week.
🔹Trade Talks: High-level discussions in Switzerland on May 9-12 with U.S. and Chinese officials.
🔹Retail Impact: Retailers preparing for tariff scenarios, especially in toy sectors.
🔹Market Reaction: Stocks climb in anticipation of a major trade deal.
-NYP, WSJ.
$BTC $ETH
🚨🇺🇸🇨🇳 SEC SCOTT BESSENT: CHINA’S BACK IN THE GAME—WE MEET THIS #WEEKEND
"The world has been coming to the US, and China has been the missing piece.
I was going to be in Switzerland to negotiate with the Swiss.
Turns out the Chinese team is traveling through Europe and they’ll be in Switzerland too.
We will meet on Saturday and Sunday.”
"The world has been coming to the US, and China has been the missing piece.
I was going to be in Switzerland to negotiate with the Swiss.
Turns out the Chinese team is traveling through Europe and they’ll be in Switzerland too.
We will meet on Saturday and Sunday.”
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