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