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Trump refuses to cut China tariffs as Bessent heads to Switzerland for de-escalation talks
US President Donald Trump said he would not lower the United States' 145 percent tariffs on Chinese imports to advance negotiations with Beijing. When asked Wednesday at the White House if he was open to easing the duties to bring China to the negotiating table, Trump replied, “No.”
The Treasury secretary said that trade deals with other U.S. trading partners could be announced as soon as this week.
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