Close Menu
civitechnews

    Subscribe to Updates

    Get the latest creative news from civitechnews about Finance, Politics, Tech, Fashion, Beauty & more.

    What's Hot

    Details on the Roland and XLARGE Fall/Winter 25 Collaboration Release

    August 10, 2025

    Former Malaysian beauty queen sets new climbing record for the second time.

    August 10, 2025

    Reasons U.S. Politicians Are Interested in Britain’s Age Verification Legislation

    August 10, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Details on the Roland and XLARGE Fall/Winter 25 Collaboration Release
    • Former Malaysian beauty queen sets new climbing record for the second time.
    • Reasons U.S. Politicians Are Interested in Britain’s Age Verification Legislation
    • Leak reveals a detailed view of charging contacts for the Pixel Watch 4.
    • Seven Foods to Consume for Improved Skin as You Age
    • The Role of Banking in Revitalizing a Distressed Sector Following a Change in Government
    • The Trump-Putin summit in Alaska appears to signal a gradual setback for Ukraine.
    • The Top 10 Prequels in Video Games
    Sunday, August 10
    Facebook X (Twitter) Instagram
    civitechnewscivitechnews
    Contact us
    • Finance
    • Politics
    • Tech
    • Fashion
    • Beauty
    civitechnews
    Home»Politics»Trump indicates that China tariffs will significantly decrease, but won’t be completely eliminated.
    Politics

    Trump indicates that China tariffs will significantly decrease, but won’t be completely eliminated.

    civitechnewsBy civitechnewsApril 23, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Trump indicates that china tariffs will significantly decrease, but won't
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Trump’s Tariff Strategy and U.S.-China Trade Relations

    During a recent White House news conference, President Donald Trump stated that while high tariffs imposed on Chinese goods will “come down substantially,” they will not reach zero. This statement has raised questions about the future of U.S.-China trade relations amid ongoing negotiations.

    Background on U.S.-China Tariffs

    Trump’s administration implemented significant import taxes of 145% on Chinese products, prompting China to retaliate with its own 125% tariffs on U.S. goods. This tit-for-tat has not only strained economic relations but has also resulted in volatility within the stock market and increasing interest rates on U.S. debt, creating concerns about a potential slowdown in economic growth and heightened inflation.

    Insights from Treasury Secretary Scott Bessent

    Trump’s comments followed remarks from Treasury Secretary Scott Bessent, who indicated that the current high tariffs are unsustainable and anticipated a “de-escalation” in the trade conflict between the two largest economies. Bessent emphasized that neither the U.S. nor China finds the present circumstances acceptable, hinting at a need for negotiation and compromise.

    Market Reactions

    Following Bessent’s statements, the S&P 500 stock index experienced a notable rise of 2.5%, suggesting that investor sentiment may be leaning towards optimism regarding a potential resolution to the trade war. Trump acknowledged this market uptick during an event where Paul Atkins was ceremonially sworn in as the new chair of the Securities and Exchange Commission, yet he refrained from explicitly agreeing with Bessent’s assessment of unsustainable tariffs.

    A Cooperative Approach to China

    Despite maintaining high tariffs, Trump expressed a desire for a more amiable relationship with China, committing to work collaboratively with President Xi Jinping. “We’re going to live together very happily and ideally work together,” he said, underscoring a shift towards diplomacy amid tensions.

    Future of Tariffs and Trade Agreements

    Trump assured that tariffs would decrease from the current levels but stopped short of providing specific targets. He stated, “It won’t be that high, not going to be that high,” while indicating an openness to continued negotiations not only with China but also with other countries such as Japan, India, South Korea, the European Union, Canada, and Mexico.

    Warning from China and Global Trade Dynamics

    In a related development, China cautioned other nations against forging trade agreements that might undermine its interests. The Chinese commerce ministry asserted, “China firmly opposes any party reaching a deal at the expense of China’s interests,” highlighting the sensitive nature of the current trade landscape.

    The Federal Reserve and Economic Policy

    The uncertainty surrounding tariffs has influenced financial markets, particularly as Trump called for the Federal Reserve to lower interest rates. He expressed urgency for Fed Chair Jerome Powell to act decisively in this regard, although later comments suggested a willingness to maintain Powell’s position for the time being.

    As negotiations progress, all eyes are on the evolving trade policies which could significantly affect global markets and the U.S. economy.

    China completely Decrease Eliminated significantly Tariffs Trump wont
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    civitechnews
    • Website

    Related Posts

    Reasons U.S. Politicians Are Interested in Britain’s Age Verification Legislation

    August 10, 2025

    The Trump-Putin summit in Alaska appears to signal a gradual setback for Ukraine.

    August 9, 2025

    Watchdog group requests investigation into Defense Department’s purchase of Qatari aircraft for Trump.

    August 8, 2025
    Leave A Reply Cancel Reply

    Our Picks

    Details on the Roland and XLARGE Fall/Winter 25 Collaboration Release

    August 10, 2025

    Former Malaysian beauty queen sets new climbing record for the second time.

    August 10, 2025

    Reasons U.S. Politicians Are Interested in Britain’s Age Verification Legislation

    August 10, 2025

    Leak reveals a detailed view of charging contacts for the Pixel Watch 4.

    August 10, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Details on the Roland and XLARGE Fall/Winter 25 Collaboration Release

    Fashion August 10, 2025

    XLARGE Drops First-Ever Collaboration with Takumi Ramen Presented by XLARGE / July 29, 2025 Where…

    Former Malaysian beauty queen sets new climbing record for the second time.

    August 10, 2025

    Reasons U.S. Politicians Are Interested in Britain’s Age Verification Legislation

    August 10, 2025

    Leak reveals a detailed view of charging contacts for the Pixel Watch 4.

    August 10, 2025

    Subscribe to Updates

    Get the latest creative news from civitechnews about Finance, Politics, Tech, Fashion, Beauty & more.

    About Us
    About Us

    Welcome to Civitech News, your premier destination for timely and insightful coverage across a diverse range of topics. At Civitech News, we are committed to delivering accurate, engaging, and comprehensive news that empowers our readers to stay informed and make well-rounded decisions in an ever-evolving world.

    Email Us: CiviTechNews@gmail.com

    Our Picks

    Details on the Roland and XLARGE Fall/Winter 25 Collaboration Release

    August 10, 2025

    Former Malaysian beauty queen sets new climbing record for the second time.

    August 10, 2025

    Reasons U.S. Politicians Are Interested in Britain’s Age Verification Legislation

    August 10, 2025

    Subscribe to Updates

    Get the latest creative news from civitechnews about Finance, Politics, Tech, Fashion, Beauty & more.

    Facebook X (Twitter) Instagram Pinterest
    • About us
    • Contact us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
    © 2025 . Civitechnews. All Rights reserved.

    Type above and press Enter to search. Press Esc to cancel.