š£ļøTrump Holds the Lineā145% Tariffs on China Stay Until Xi Talksš£ļø
āReporter: āWill you cut the tariffs?ā Trump: āHard no.āā
āTrumpās trade strategy: max volume, no chill.ā
š§¾ The Update:
President Donald Trump says heās not backing down from the 145% tariff on Chinese goodsānot until he sits down with President Jinping for a proper trade negotiation.
> āNo,ā Trump told reporters when asked if he would lift the tariffs.
(Credit: Bloomberg)
š¤ What's Coming:
Top-level talks are heating up:
Treasury Sec. Scott Bessent and U.S. Trade Rep. Jamieson Greer will meet Chinaās VP He Lifeng this week.
Aim? A āfair trade dealā ā or at least fewer headlines.
š£ Bessentās Take:
> ā145% tariffs? Thatās basically an embargo.ā
He doesnāt want a full-on trade war, but the current strategy is designed to bring China to the table.
š¼ Trade Drama Rundown:
Trump = full pressure mode
China = watching, waiting
Markets = sweating
āTrump negotiating like: āItās 145%... or nothing.āā
āWhen your trade policy is just a boss level tariff.ā
āChina: sends peace talks ā Trump: sends taxes.ā
š Should Trump keep the pressure or dial it back?
š Follow for spicy trade drama, macro breakdowns & memes that Xi might low-key read.