Season 1 · Episode 8215
Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks
Ahead of China-US talks, Trump says 80% tariff 'seems right'
Daily SumUp · Daily SumUp
May 9, 20251m 24s
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Show Notes
An 80% levy would be a significant reduction from the 145% tariff currently facing many Chinese goods. However, that number could still be seen as prohibitive to trade.
It is unclear if Trump wants the 80% rate to be the long-term tariff for China, or whether it should be viewed as a step in negotiations.
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