World News@lemmy.worldEnglish · 1 day ago

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

apnews.com

152

Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

apnews.com

RandAlThor@lemmy.ca to

World News@lemmy.worldEnglish · 1 day ago

As US and China begin trade talks in Geneva, Trump's tariff hammer looks less mighty than he claims

apnews.com

The way President Donald Trump sees it, beating China in a trade war should be easy. After all, the Chinese sell Americans three times as much stuff as Americans sell them.

President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war.

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1 day ago
Those are preconcessions, a little known tactic. It’s followed by the negotiation crumble and post negotiation victory lap.

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