In a surprising turn, President Trump announced that tariffs on China will not remain at the staggering 145% rate, hinting at substantial reductions. This comes amidst ongoing trade tensions and negotiations linked to TikTok.
President Trump hints at a possible halt to escalating tariffs with China, suggesting that a deal regarding TikTok may be postponed until trade discussions progress. The U.S. seeks to stabilize markets after recent shocks.
The White House was poised to announce a TikTok deal when China insisted on tariff discussions first, derailing negotiations and extending the ban deadline.
President Trump hints at easing tariffs on China in exchange for support on a TikTok sale. With a looming deadline and national security concerns, negotiations intensify!
