Trump suggests lower China tariff, says 80% 'seems right!'

Trade talks

US President Donald Trump signaled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers prepare for trade talks over the weekend.

"80% Tariff on China seems right!" Trump wrote on his Truth Social platform, which would bring them down from 145 percent, with cumulative duties on some goods reaching a staggering 245 percent.

He added that it was "Up to Scott B.", referring to US Treasury Secretary Scott Bessent, who will confer with China's Vice Premier He Lifeng this weekend in Geneva to try to cool the conflict roiling international markets.