'80% seems right': Donald Trump floats slashing China tariffs to ease trade war

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Times of India 11h ago

'80% seems right': Donald Trump floats slashing China tariffs to ease trade war - Times of India

Quick Summary:

International Business News: US President Donald Trump on Friday floated slashing tariffs on China to 80% ahead of a weekend meeting, signaling a possible move to ease tensions in.

China remains one of the United States' biggest trading partners.

Nevertheless, this rate remains significantly higher than the standard 10% tariff established in the recently announced US-UK trade agreement on Thursday.