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Trump will not bring down tariffs on China

by Investor News Today
May 9, 2025
in Investing
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US debt ceiling deadline expected late summer, but could come forward
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White Home Press Secretary Karoline Leavitt addressed media workers on Friday, strolling again among the tone and market interpretations of President Donald Trump’s early morning tweets.

Key highlights

Trump assured in US Treasury Secretary Bessent with discussions (with China).

The US must see concessions from China.

Trump dedicated to the ten% baseline tariff.

The ten% baseline tariff will stay for the UK.

It’s ridiculous that Trump would do something for his personal achieve.

The White Home will let Congress work out SALT tax subject.

On potential 80% tariff concession: That is not what Trump stated.

Trump is not going to unilaterally convey down tariffs on China. 80% was a quantity Trump threw on the market.



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