President Trump said Tuesday that the high tariffs he imposed on Chinese imports would eventually "be substantially reduced" and expressed optimism about the possibility of reaching an agreement between the United States and China. "We're going to be very nice, they'll be nice, and we'll see what happens."
#Trump He stated that he would substantially reduce the current 145% tariff he has imposed on China. "It won't be that high, it won't be that high," Trump said. He also urged Beijing to reach an agreement, or else, he stated that he would "make a deal." #ArancelesTrump
The president claimed last week that he was speaking with Chinese representatives to reach an agreement with Beijing in the coming weeks, but on the other side of that dispute, his Chinese counterpart maintains 125% tariffs on the US and has taken other measures, such as banning deliveries of Boeing aircraft.
It's not just about what happened with China; Trump has also significantly toned down his tone regarding #Fed . The Republican has asserted that he has "no intention of dismissing" the chairman of the US Federal Reserve (Fed), #JeromePowell , days after publicly criticizing him and pressuring him to lower interest rates more quickly.