WASHINGTON — U.S. President Donald Trump on Friday hinted at the possibility of reducing tariffs on Chinese imports to 80 per cent, a notable shift in tone as he looks to deescalate the ongoing trade war between the world’s two largest economies.
The suggestion came in a morning post on Trump’s social media platform, just days before senior U.S. officials are set to meet with a high-level Chinese delegation in Switzerland. “80 per cent Tariff on China seems right! Up to Scott B,” Trump wrote, referring to Treasury Secretary Scott Bessent, who along with U.S. Trade Representative Jamieson Greer, is leading the U.S. side in the upcoming talks in Geneva.
The discussions mark the first senior-level meeting between the U.S. and China since Trump reignited a trade conflict in early April with sweeping tariffs on Chinese imports. Dubbed “Liberation Day” by Trump, the move triggered immediate retaliation from Beijing and ushered in weeks of escalating tariff exchanges.
Currently, U.S. tariffs on Chinese goods have reached a staggering 145 per cent, while China has imposed retaliatory tariffs of up to 125 per cent on American imports. The intensifying trade battle has rattled financial markets and raised concerns about long-term disruptions to the global supply chain and consumer pricing.
The talks in Geneva are seen as a critical opportunity to dial back tensions. While Trump’s message did not confirm an official policy change, the floated 80 per cent tariff cap suggests Washington may be seeking a negotiated off-ramp to avoid further economic fallout.
China, the world’s second-largest economy and its largest exporter, has been significantly affected by the trade measures, with both countries now navigating economic uncertainty under a cloud of mutual tariffs and political mistrust.
Market analysts and industry leaders will be watching closely for signs of compromise or continued escalation as the two sides meet this weekend. The outcomes could set the tone for global trade stability—or further volatility—in the months ahead.