#TradeWarEases
Trump says tariffs on China "will be significantly reduced," hinting at a possible retreat
President Donald Trump indicated a possible retreat in his trade war with China amid ongoing market volatility, stating that high tariffs on Chinese goods "will be significantly reduced, but they will not be completely eliminated."
Trump's remarks, made at a press conference at the White House on Tuesday, seem to represent a retreat from his rhetoric after weeks of hardline stances and reciprocal responses, which have raised tariffs on China to over 145%.
