Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BumRushDaShow

(151,112 posts)
Wed Apr 23, 2025, 05:10 AM 23 hrs ago

Trump says tariff on China will 'come down substantially' from 145 percent

Source: The Hill

04/22/25 6:15 PM ET


President Trump said Tuesday that the hefty tariff rate on China will significantly be reduced after he negotiates with Chinese President Xi Jinping, expressing optimism about a trade deal.

“145 percent is very high. It won’t be that high, it’s not going to be that high … it won’t be anywhere near that high,” Trump told reporters in the Oval Office. “It will come down substantially, but it won’t be zero.”

The overall tariff level imposed on China is 145 percent, which remained in place after Trump delayed the “reciprocal” tariffs on other trading partners for 90 days and reduced them to 10 percent. “We’re going to be very nice. They’re going to be very nice, and we’ll see what happens. But ultimately, they have to make a deal because otherwise they’re not going to be able to deal in the United States,” Trump said, referring to China.

He cited his relationship with Xi as his reason for being optimistic about a deal. The White House said earlier Tuesday that it was “setting the stage for a deal with China,” seeking to reassure nervous financial markets and investors that progress with Beijing could be imminent.

Read more: https://thehill.com/homenews/administration/5261948-trump-optimistic-china-trade/

15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump says tariff on China will 'come down substantially' from 145 percent (Original Post) BumRushDaShow 23 hrs ago OP
He has hero worship for authoritarian dictators. He does not know how to be "nice." Walleye 23 hrs ago #1
Trump backing down. Big time. oasis 23 hrs ago #2
Yes. He doesn't "have the cards" he thought he did. . . . nt Bernardo de La Paz 21 hrs ago #5
Yep, like Trump famously told Zelenskyy "You oasis 18 hrs ago #10
This is getting really old. First TSF's BFFs go short on a mess of stocks... Girard442 22 hrs ago #3
lol he finally choked . We all knew that would happen Javaman 22 hrs ago #4
Oh, so we really didn't need that tariff? It was just being used as a bargaining tactic? tanyev 20 hrs ago #6
So Trump caved! Ray Bruns 19 hrs ago #7
He's such an embarrassing fool Prairie Gates 19 hrs ago #8
So when do those penguins get a break? Zambero 18 hrs ago #9
He says alot of thing but the_liberal_grandpa 18 hrs ago #11
Fuck that MAGA shitstain. Orange Bastard is a sloppy, piss-soaked fuckface. SoFlaBro 18 hrs ago #12
CAVE ! republianmushroom 17 hrs ago #13
Watch Trump frame China's reduction of tariffs THAT WERE IN RESPONSE TO HIS OWN RIDICULOUS TARIFFS, as a win. Martin68 17 hrs ago #14
You still suck Trump. twodogsbarking 16 hrs ago #15

Walleye

(39,752 posts)
1. He has hero worship for authoritarian dictators. He does not know how to be "nice."
Wed Apr 23, 2025, 05:16 AM
23 hrs ago

China will not be bullied. Businesses need certainty and consistency. Something he hasn’t shown at all. He doesn’t understand that nobody wants to do business in the United States now. Never bargains in good faith.

oasis

(52,225 posts)
10. Yep, like Trump famously told Zelenskyy "You
Wed Apr 23, 2025, 10:11 AM
18 hrs ago

don’t have the cards”.
Hopefully, someone in the press corps will repeat those words back to Trump in this present situation.

Girard442

(6,623 posts)
3. This is getting really old. First TSF's BFFs go short on a mess of stocks...
Wed Apr 23, 2025, 06:46 AM
22 hrs ago

...then TSF announces a devastating new policy. Market tanks, BFFs clean up. Time passes.

Then BFFs buy a mess of stocks. TSF then announces policy is (somewhat) rescinded. Stocks rebound. BFFs clean up again.

Lather, rinse, repeat. All the while the economy takes repeated blows to the head, sustaining injuries that won't heal for years.

Javaman

(63,648 posts)
4. lol he finally choked . We all knew that would happen
Wed Apr 23, 2025, 06:52 AM
22 hrs ago

He realized he dug a hole there was no way of getting out of

Moron

tanyev

(46,152 posts)
6. Oh, so we really didn't need that tariff? It was just being used as a bargaining tactic?
Wed Apr 23, 2025, 08:12 AM
20 hrs ago
Why are you crying, Billy? We just left your bike out front with a "Free Bike" sign because we wanted you to learn to put it away. We didn't really mean to get rid of it.

Ray Bruns

(5,150 posts)
7. So Trump caved!
Wed Apr 23, 2025, 09:21 AM
19 hrs ago

Surrendered. Backed down. Knuckled under. Waved the white flag. Threw in the towel. Capitulated. Yielded. Quit. Acquiesced.
Great negotiator my backside.

11. He says alot of thing but
Wed Apr 23, 2025, 10:15 AM
18 hrs ago

only to distract or manipulate the market. Let's see what he actually does.

I notice all the fools in the market are lapping up what he said like its a done deal.

Stay tuned. He will fuck it up no doubt.

Martin68

(25,509 posts)
14. Watch Trump frame China's reduction of tariffs THAT WERE IN RESPONSE TO HIS OWN RIDICULOUS TARIFFS, as a win.
Wed Apr 23, 2025, 11:34 AM
17 hrs ago

Are his follower's stupid enough to buy that?

Latest Discussions»Latest Breaking News»Trump says tariff on Chin...