Trump won't unilaterally lower China tariffs, White House says
U.S. President Donald Trump speaks during a celebration of U.S. military mothers in the East Room at the White House in Washington, D.C., U.S., May 8, 2025. REUTERS/Leah Millis
(Reuters) -President Donald Trump remains firm that the United States is not going to unilaterally reduce tariffs on Chinese goods without concessions from China, the White House said on Friday, hours after Trump floated the idea of reducing the current rate of 145% down to 80% as the two sides prepare for talks between in Switzerland.
"That was a number the president threw out there, and we'll see what happens this weekend," White House Press Secretary Karoline Leavitt told reporters.
(Reporting by Ryan Patrick Jones)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Justice Department probes TV networks over Trump pool coverage
- Rubio pledges US cooperation in Okinawa murder case
- Hurricane Simon strengthens to Category 4 off Mexico coast
Create E-mail Alert Related Categories
ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share