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As consumers, we're all familiar with a basic tenet of economics: prices can go up quickly, but they come down only slowly — or more commonly, not at all. How does that play out in the era of ...
US President Donald Trump has signaled a potential U-turn on his trade war with China amid continued market volatility, saying the high tariffs on Chinese goods will “come down substantially ...
President Trump said that the 145% tariffs on China are ‘very high,’ and said they would come down, but not all the way to zero. Photo: Kevin Lamarque/Reuters ...
On Tuesday, Trump said the 145% tariffs on China were "very high." He said tariffs will "come down substantially," but would not drop to zero. Trump had floated a tariff respite for China if ...
It’ll come down substantially. But it won’t be zero.” Trump’s comments on lowering tariffs against China came hours after Treasury Secretary Scott Bessent expressed concerns that the high ...