US-China Trade Relations

SOURCE www.foxnews.com
President Trump hints at cutting China tariffs substantially but does not confirm direct communication with Chinese President Xi Jinping. Conflicting reports between the two countries regarding ongoing negotiations and trade deals.

Key Points

  • President Trump hints at reducing tariffs substantially
  • Conflicting reports between US and China regarding ongoing negotiations
  • Tariffs have escalated to 145% on both sides

Pros

  • Potential reduction in tariffs could benefit both countries economically
  • Openness to negotiations and dialogues from both sides

Cons

  • Confusion and conflicting statements regarding ongoing talks
  • Tariffs have caused disruptions in global stock markets and supply chains