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.

    • filister@lemmy.world
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      1 day ago

      That’s not exactly true, as a lot of companies are increasing prices in other regions to offset their profit dips and/or retain some market share in the US. This trade war sucks for absolutely everyone and it is sickening that a single looney idiot can achieve so much damage.