Bloomberg reported on the 9th, citing sources, that the Trump administration is considering reducing tariffs on China to below 60% during the "Swiss talks" with China this weekend, and believes that China may be willing to take similar measures. If negotiations make progress, tariffs could be reduced as early as next week.
In addition, the US side hopes that China will lift restrictions on rare earth exports used for making magnets, as a series of industries are facing impacts.
Below 60%, no line has been drawn down.
If the lower limit is 40%, 145X0.4=58. Such a tax rate is still too high.
Rare earth export restrictions are unlikely to be lifted easily. It is one of the most effective chips.
At least it's a good start to sit down and talk. Contact is always better than being at odds.
Source: https://www.toutiao.com/article/1831653954577420/
Disclaimer: The article only represents the views of the author.