Donald TrumpTrade war with China You may end well before you really start.
The president shared that he is thinking about walking again Punishment 145 % definitions On the country while talking to correspondents on Tuesday.
He said when asked about his duties on imported Chinese goods: “145 % is very high, and that will not be high,” he said when asked about his duties on imported Chinese goods. “It will not be anywhere near this high … it will decrease dramatically, but it will not be zero.”
Trump went on to say that the United States was “transferred to a ride” under previous departments, but he added that he had a “great relationship with the eleventh president [Jinping]And that the United States “is very good for China. “
“I think it will work very well,” he said.
Earlier in the day, the Treasury Secretary Scott Pesin He told a special investor conference set by JPMorgan Chase that he believed that the current situation between China and the United States would not last. He told the investors who were gathered about the expectation of “the escalation of the escalation.”
Bessin said, for each Associated Press. “None of the two sides believe that the current situation is sustainable.”
Trump and Pesent’s cooling on the customs tariff comes on the same day that the International Monetary Fund issued expectations for death and amusement for the next year. The Global Economic Expectations Report expects that production will slow down in the world in response to the tariff plan in Trump.
“We expect the sharp increase on April 2 in both definitions and uncertainty will lead to a significant slowdown in global growth in the short term,” the International Monetary Fund participated.
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