The
White House’s latest signs of easing its position on tariffs against
China do not indicate a notable advancement in US-China trade talks, but
may present Beijing an opportunity to get a better deal, economists
said.
US
President Donald Trump appeared to soften his stance on the US-China
trade war on Tuesday, telling an Oval Office press conference that
tariffs on Chinese goods “will not be as high as 145 per cent” and that
“it’ll come down substantially, but won’t be zero”.
His
latest remarks follow claims he made last week that “top officials”
from Beijing were talking with their Washington counterparts, and that a
trade deal between the world’s two largest economies would soon be
agr
The White House’s latest signs of easing its position on tariffs against China do not indicate a notable advancement in US-China trade talks, but may present Beijing an opportunity to get a better deal, economists said.
US President Donald Trump appeared to soften his stance on the US-China trade war on Tuesday, telling an Oval Office press conference that tariffs on Chinese goods “will not be as high as 145 per cent” and that “it’ll come down substantially, but won’t be zero”.
His latest remarks follow claims he made last week that “top officials” from Beijing were talking with their Washington counterparts, and that a trade deal between the world’s two largest economies would soon be agreed.
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