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U.S. President Donald Trump speaks throughout a swearing-in rite for the brand new U.S. ambassador to China, former U.S. Senator David Perdue, on the White House in Washington, D.C., U.S., May 7, 2025.
Leah Millis | Reuters
President Donald Trump mentioned Wednesday he would no longer imagine decreasing the United States’ 145% price lists on China so as to spur business-war negotiations with Beijing.
Trump flatly spoke back “no” when requested on the White House if he used to be open to pulling again at the steep import tasks to get China to the negotiating desk.
Trump’s dedication to his price lists got here 3 days ahead of U.S. Treasury Secretary Scott Bessent used to be scheduled to satisfy along with his Chinese counterpart in Switzerland to talk about business and financial problems.
China mentioned previous Wednesday that the U.S. asked that assembly, and that Beijing remained “firmly” hostile to Trump’s tariff hikes heading into the talks.
Asked what he anticipated to return out of the assembly in Europe, Trump mentioned, “We’ll see … we were losing a trillion dollars a year, now we’re not losing anything, you know? It’s the way I look at it.”
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