100 Percent Fed Up By M Winger
President Donald Trump said on social media he’s open to cutting China tariffs from 145% to 80%.
That’s a big discount!
Analysts are saying shoppers won’t see big price drops on clothes, sneakers, or toys.
They also caution that Chinese product shortages could persist even at lower rates. But that just leaves room for American manufactures to fill the gap.
Looks like tariff tug-o-war isn’t ending anytime soon.
NOW – Donald Trump on China:
"CHINA SHOULD OPEN UP ITS MARKET TO USA — WOULD BE SO GOOD FOR THEM!!! CLOSED MARKETS DON’T WORK ANYMORE!!!"
"80% Tariff on China seems right! Up to Scott B." pic.twitter.com/1cCukQmRyr
— Tucker Carlson Network 🇺🇸 Fan Account (@TCNetworkFans) May 9, 2025
ABC News reports:
President Donald Trump on Friday voiced a willingness to ease tariffs on China, saying on social media it “seems right” to slash levies from 145% to 80%.
The announcement arrives a day before Treasury Secretary Scott Bessent is set to begin trade negotiations with Chinese officials at a meeting in Geneva, Switzerland.
The potential tariff reduction floated by Trump may avert a virtual standstill of trade between the world’s two largest economies, but the move would not substantially ease expected price increases for goods such as clothes, sneakers and toys, analysts told ABC News…
READ FULL ARTICLE HERE… (100percentfedup.com)
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