U.S. President Donald Trump speaks throughout a swearing-in ceremony for the brand new U.S. ambassador to China, former U.S. Senator David Perdue, on the White Home in Washington, D.C., U.S., Might 7, 2025.
Leah Millis | Reuters
President Donald Trump mentioned Wednesday he wouldn’t contemplate decreasing the USA’ 145% tariffs on China so as to spur trade-war negotiations with Beijing.
Trump flatly answered “no” when requested on the White Home if he was open to pulling again on the steep import duties to get China to the negotiating desk.
Trump’s dedication to his tariffs got here three days earlier than U.S. Treasury Secretary Scott Bessent was scheduled to satisfy together with his Chinese language counterpart in Switzerland to debate commerce and financial points.
China mentioned earlier Wednesday that the U.S. requested that assembly and that Beijing remained “firmly” against Trump’s tariff hikes heading into the talks.
Requested what he anticipated to come back out of the assembly in Europe, Trump mentioned, “We’ll see … we had been shedding a trillion {dollars} a yr, now we’re not shedding something, you already know? It is the way in which I have a look at it.”
