Donald Trump has suggested reducing US trade tariffs against China to 80% ahead of upcoming peace talks between the two countries. The meeting in Switzerland, set to take place on Saturday, is seen as a crucial opportunity to ease tensions in the ongoing trade war. The stakes are high for both nations, with the domestic and global economies feeling the strain. In a post on his Truth Social platform, Trump indicated his support for an 80% tariff on China, leaving the decision in the hands of Scott Bessent, the US treasury secretary leading the delegation at the talks. The outcome of the discussions is highly anticipated, as current tariff levels stand at 125% on US imports to China and 145% on Chinese goods entering the US, effectively creating a trade embargo. Trade tensions between the US and China have been escalating, with President Trump suggesting a possible tariff cut to 80% on Chinese goods before upcoming negotiations.

During key peace talks between the US and China, President Donald Trump has suggested reducing US trade tariffs against China to 80%.

The meeting in Switzerland on Saturday, which will include top officials from both nations, is seen as an opportunity to alleviate the most damaging aspect of the trade war.

Both sides have much at stake, as the domestic outlook is worsening and the global economy is weakening.

In a post on his Truth Social platform, following an interim deal with the UK, President Trump wrote: «80% Tariff on China seems right! Up to Scott B [Bessent].»

The decision will ultimately rest with Scott Bessent, the US treasury secretary who will lead the delegation at the talks in Geneva.

The outcome of the talks is highly anticipated after multiple rounds of tariff increases, resulting in duties of 125% on US imports from China and 145% on Chinese goods entering the US.

These high levels effectively amount to a trade embargo due to their severity.

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