Major Signal! Trump May Significantly Reduce Tariffs on China Next Month
Recent multiple signs indicate that the Trump administration may significantly adjust the current high tariffs on China to a so-called 'reasonable' range within the next month, marking a key turning point in China-U.S. trade relations.
Trump's attitude has softened. In a recent interview, he admitted to bearing primary responsibility for the current tense China-U.S. trade situation.
He stated that the 145% high tariffs hinder normal bilateral commercial exchanges and that they will be significantly reduced in the future, though not to zero, which is a stark contrast to his previous hardline stance, signaling a clear policy shift.
There are also noticeable changes in the business sector. Major U.S. supermarket companies, represented by Walmart, have notified their suppliers in China to resume supply and absorb the new tariff costs.
Previously, companies like Walmart held closed-door meetings with Trump and quickly resumed purchasing afterward, indicating that Trump is very likely to cut tariffs to alleviate cost and supply chain pressures on U.S. businesses.
On the market front, high tariffs have caused the U.S. consumer price index to rise, increasing the cost of living for the public and leading to heightened dissatisfaction with Trump's economic policies; profit margins for businesses have been squeezed, prompting calls for tariff adjustments.
Against this backdrop, the Trump administration's tariff reduction can soothe domestic businesses and voters, and it is expected to repair China-U.S. trade relations, stabilizing global supply chains and market confidence.
Overall, May may become a key turning point in China-U.S. trade relations, and the tariff adjustment measures by the Trump administration deserve close attention as they will not only affect bilateral economic and trade relations but also have a significant impact on the global economic landscape.