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

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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 decrease 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 shift in his rhetoric after weeks of hardline positions and reciprocal measures that raised tariffs on China to over 145%.

$LTC