🟢The Trump administration is considering halving tariffs on Chinese goods, a signal of readiness to resume trade negotiations

The Trump administration is considering a significant reduction in tariffs on Chinese goods—potentially by more than half—in an effort to ease trade tensions with Beijing, according to sources familiar with the matter. Although no final decision has been made, discussions are ongoing with various options being considered. A senior White House official indicated that the tariffs could be reduced to around 50%-65%. One of the options being considered is a tiered system proposed by the House committee on China, imposing a 35% tariff on non-strategic goods and at least 100% on items deemed critical to U.S. national interests, to be implemented over five years. President Trump stated on Tuesday that the 145% tariff on Chinese goods during his second term would be reduced, although "not to zero." This statement has eased investor concerns following strong recent trade signals from the White House. China reacted on Wednesday by expressing its readiness to resume trade negotiations, but warned it would not negotiate under U.S. pressure. According to advisors to Chinese policymakers, Trump’s remarks have been interpreted by Beijing as a sign of retreat.

-Chinese Foreign Minister Wang Yi, during a meeting with the Iranian foreign minister: the U.S. "abuse" of tariffs has lost support and self-isolated from the international community – $BTC