Former U.S. President Donald Trump has expressed optimism about reaching a trade agreement with China in the near future, suggesting that tariffs imposed on Chinese imports could be significantly reduced.
Speaking at a press conference at the White House, Trump stated that the current 145% import tariffs on Chinese goods might be lowered as part of an impending deal. However, he did not provide specific details on the scale or timeline of the potential reductions.
“We are going to make a very good deal with China,” Trump said. “They will have to come to the table. If not, we’ll make our own deal.”
Trump’s remarks follow recent comments by U.S. Treasury Secretary Scott Besant, who indicated during a private event that the ongoing tariff dispute between the two economic giants cannot continue indefinitely. He expressed hope for a reduction in trade tensions but clarified that formal negotiations between the U.S. and China have yet to begin.
Currently, the United States has imposed tariffs of up to 145% on Chinese products, while China has retaliated with duties as high as 125% on American goods.
The development comes amid growing calls from business leaders and global economic observers urging both nations to de-escalate and stabilize trade relations, which have long impacted global supply chains and economic sentiment.
