💨 Abstract

The Trump administration is considering lowering tariffs on Chinese goods as part of negotiations with Beijing, according to a source familiar with the matter. The tariffs could drop to between 50% and 65%, as reported by the Wall Street Journal. The White House is reportedly also considering a tiered approach with lower tariffs for items not deemed a threat to national security and higher tariffs for strategic items. Discussions remain fluid, and Trump has not made a final decision.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖