Trump says tariffs on China "will drop significantly," hinting at a possible retreat

#TradeWarEases

President Donald Trump indicated a potential retreat in his trade war with China amid continued market fluctuations, stating that the high tariffs on Chinese goods "will drop significantly, 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 in his rhetoric after weeks of hardline stances and reciprocal measures, which raised tariffs on China to over 145%.

$LTC