US-China Trade War: Trump Suggests Possible Tariff Cuts to Revive Trade Relations

Interntional News: US President Donald Trump has indicated that they may reduce the tariffs imposed on China. He admitted that the currently applicable tariff rates are so high that trade between the two countries has almost come to a standstill. Trump says that if he decides to reduce the tariff on China, it would re -start the trade, because no improvement in business will be possible without doing so.

China's difficulties and Trump's statement

Trump said in a NBC show, "At any time I will reduce the tax on China, because it will be difficult to do business with them if not done." He also said that China's economy is currently struggling and the factories there are in the worst position since 2023. Along with this, China's exports are also indicating falling.

Impact on China after increasing tariffs

As part of his "USA First" policy, Trump imposed a 10% tariff on all the goods produced in the US. But by increasing the tariff on China, it was reduced to 145% by 20 April. Instead, China also imposed a tariff of up to 125% on American goods, making trade between the two countries more complicated.

Trump announcement

In an interview on Sunday, Trump admitted that the tariffs imposed on China had had an impact, and there are problems in the factories there, as well as unemployment has increased. However, he clarified that he would not take initiative to start a conversation with China. When the anchor asked if the conversation would start by removing the tariff, Trump replied, "Why should I do this?"

China's statement: Condition to remove tariffs

China on Friday indicated that it was ready to interact with the US, but on the condition that Trump would abolish the tariff he has imposed. "We are considering the US conversation offering, but the conversation will begin only when the tariffs are removed."

Damage to both America and China

The growing trade war between the US and China has created a stir in the financial markets and there is a danger of increasing prices of many goods. Especially cheap goods like clothes, toys and manufacturing devices are expected to increase prices, on which the US is heavy dependent. According to a Bloomberg report, the functioning situation in China's factories has become the worst since 2023 and the export order has also reduced considerably.

China stopped delivery of aircraft from Boeing

China recently refused to take delivery of new aircraft from American aircraft manufacturer Boeing. This order was given by China after 145% tariff on American goods. Boeing is known as the American Export Company, and its move may further increase tension in China and America relations. The trade war between the US and China can affect not only the economy of the two countries but also on the world's trade. While Trump has indicated to reduce tariffs, China has cleared the terms of negotiation. In the coming time, it will have to be seen how this tariff war will be resolved between the two countries.