US and China prepare for trade talks as Trump floats tariff cut

CNA

Summary

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White House Doesn’t Specify How Trump Came Up With 80% China Tariff Idea
The Wall Street Journal
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China is at the epicentre of U.S. President Donald Trump's global trade war that has roiled financial markets, upended supply chains and fuelled risks of a sharp worldwide economic downturn.
Reuters
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"80% Tariff on China seems right!" Trump wrote on his Truth Social platform, which would bring them down from 145 percent, with cumulative duties on some goods reaching a staggering 245 percent.
International Business Times AU
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US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to confer with China's Vice Premier He Lifeng in the Swiss city of Geneva on Saturday and Sunday — the first such talks between the two sides since Trump slapped steep new levies on China last month.
Daily Tribune

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