President Donald Trump on Friday called for China to open up its markets to the United States and floated the possibility of cutting the current tariffs on China nearly in half.
Trump made the comments just one day after telling reporters that he expected tariffs on China to be lowered soon. This weekend, American and Chinese officials are set to meet in Switzerland to discuss trade and other economic matters.
“CHINA SHOULD OPEN UP ITS MARKET TO USA — WOULD BE SO GOOD FOR THEM!!! CLOSED MARKETS DON’T WORK ANYMORE!!!” Trump posted on his Truth Social social media platform early Friday morning.
A few minutes later, he posted, “80% Tariff on China seems right! Up to Scott B,” presumably referring to Treasury Secretary Scott Bessent.
Tariffs on China have been set at 145% since last month after the communist country moved to retaliate against Trump’s tariffs. At the same time,…
