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Trump reduces global tension over trade war:
The President of the United States, Donald Trump, surprised on Tuesday by publicly acknowledging that the 145% tariff imposed on Chinese products is "too high," and announced that he will substantially lower that percentage, although he warned that it will not be completely eliminated.
"It's not going to be anywhere near that number," he stated from the Oval Office of the White House. "It went up to that point, but it will come down quite a bit. It won't be zero," the leader pointed out, marking a shift in his trade policy towards the Asian giant.
Trump originally justified the imposition of high tariffs as a strategy to pressure China on sensitive issues such as the fight against fentanyl. However, he now softens his stance: "We are going to treat China very well. I have a great relationship with President Xi."
Still, he did not refrain from launching criticisms: "China was pulling our leg. They were using the money they made with us to strengthen their army. That is not going to happen anymore," he stated in his characteristic defiant tone.
Although he did not specify when or by how much the reduction will be realized, he did express optimism regarding future relations between the two powers. "I think we are going to coexist very happily and ideally work together," he concluded.
