Donald Trump says 80% tariff on China ‘seems right’ ahead of trade talks "
Donald Trump says 80% tariff on China ‘seems right’ ahead of trade talks "
In advance of trade talks, Donald Trump asserts that a 80% tariff on China "seems right." Former U.S. Just days before crucial trade talks between the United States and China, President Donald Trump has once again made headlines by suggesting that imposing a tariff of 80 percent on Chinese goods "seems right." This remark, made via his social media platform Truth Social, has stirred up fresh debates among economists, global trade experts, and political analysts. It sets the tone for what could be a heated round of negotiations between the two global economic superpowers and signals Trump's unwavering hardline stance on China. The Situation Before the Trade Dispute The U.S.-China trade war began in 2018 during Trump’s first term in office. Citing unfair trade practices, intellectual property theft, and a large trade deficit, Trump’s administration imposed tariffs on hundreds of billions of dollars’ worth of Chinese imports. Chinese tariffs on American goods were raised in retaliation. The trade dispute had an impact on the global economy, affecting everything from stock markets to supply chains and consumer product prices. Although some tariffs were later eased or suspended, the general structure of these trade barriers remained. Trade policy has once again taken center stage in Trump's political messaging as he gets ready to run for president again in 2024. Trump’s Tariff Proposal: A Negotiation Tactic?
