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US President Donald Trump, as well as the secretary of the Treasury Scott Bavert (R), speaks during a bilateral meeting with Norway Prime Minister Jonas Gar in the White House office in Washington, Colombia, April 24, 2025.
Saul Lob | AFP | Gets the image
On Friday, President Donald Trump said 80% of Chinese goods “seems” ahead of key trade talks this weekend.
“80% tariff for China seems right! The truth is social Publication. Finance Minister Scott Igent is one of the US official who intends to talk to colleagues from China at a meeting in Switzerland.
The 80% fee will be a sharp decline from the tariff by 145%, which is now facing many Chinese goods. However, this amount can still be considered as not permeable to trade, and much higher than 10% of the base tariff in Agreement on the US-UK trade agreement It was announced on Thursday.
It is unclear when Trump wants 80% of the rate to become a long -term tariff for China, or it should be considered as a step in the negotiations.
China is regarded as a key obstacle in Trump’s efforts to shake a global trading setting. While on April 9, many other major countries announced tariffs, partially stopped, tensions between the White House and Beijing until both countries imposed the tariff by more than 100% on goods.
China is one of the largest US trading partners. In 2024, the US exported $ 143.5 billion to China, while importing $ 438.9 billion, reports Office of the US Trade Representative.
In another truth social pillar On Friday morning, Trump said, “China must open its market in the US – it would be so good for them !!! Closed markets are no longer working !!!”
Negotiations in Switzerland this weekend should not lead to a full trade transaction. US Trade spokesman Jamison Grir said Thursday ‘Force of dinner“What he wants to make discussions lead to” stability “, which can become” the basis for something more “.
This is conducting the news. Please update updates.
