The Trump administration is weighing a substantial reduction, potentially more than half, in tariffs imposed on Chinese imports. This move aims to de-escalate the trade conflict with China, which has negatively impacted global trade and investment.
A final decision by President Trump is pending. Internal discussions are ongoing, and multiple options are being considered.
The potential consequences of lowering tariffs include decreased trade friction and a more stable global economic landscape. The actual effects would, however, depend on the specifics of any implemented changes.
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