: The Trump administration is considering cutting the tariff on Chinese imports by more than half, potentially reducing it from up to 145% to between 50% and 54%, with the changes possibly taking effect as early as next week.

Sources say that U.S. officials are discussing a plan to reduce the high tariffs imposed by former President Trump on Chinese goods to between 50% and 54%, paving the way for upcoming lengthy trade negotiations.

In addition, the U.S. plans to cut tariffs on imports from neighboring South Asian countries to 25%.

Previously, some media outlets raised the question of who decides U.S. tariff policies (with conflicting statements from Trump and Beasant), and I believe Beasant's influence would be greater. Now it seems they are following Beasant's approach.

Perhaps this is a good cop/bad cop routine between the president and the treasury secretary.

Original article: https://www.toutiao.com/article/1831585344222220/

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