By Admin 
The US has indicated a big cut in tariffs imposed on China. According to a Wall Street Journal (WSJ) report, the US government can reduce tariffs at the current rate to reduce tension with China. It is proposed to bring tariffs between 50 percent to 65 percent, although the final decision has not been taken on it yet.
Earlier, Trump said on Tuesday (22 April 2025) that he is ready to reduce 145 percent tariffs on China. The demand for safe investment after President Donald Trump’s soft stance on China led to a decline in gold prices after reaching a record high. Trump has said that the heavy duty on Chinese goods during the trade war will soon be reduced to a great extent.
The US President insisted that he would be very good with Beijing during the upcoming talks. According to Trump, a conversation with China on the business deal is going well, because everyone wants participation in American markets. He also said that if China does not agree on a business deal, then America will decide the terms.
(This story is being updated …)