U.S. And China Made 'Substantial Progress' In Tariff Talks, Bessent Says

Contributing sentiments towards policy:

73% : Key Background This weekend was the first meeting between U.S. and Chinese economic officials since the trade war began earlier this year, and Trump suggested ahead of the meetings that U.S. officials would "have a good weekend with China."
57% : Trump Floats 80% China Tariffs And 'Many' Other Deals -- As U.S. And China Prepare For Trade Talks (Forbes)
48% : Last year, the tariff rate on goods coming in from China was about 11%, but Trump upped the rate as part of his "Liberation Day" tariff announcements in which he implemented a base 10% tariff rate on all countries the U.S. trades with, though a much higher rate was imposed on many countries.
36% : That's what Trump suggested he could lower tariffs on China to before the meetings took place, saying in a Friday morning Truth Social post: "80% Tariff on China seems right!

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