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Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks
Season 1, Ep. 8215
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An 80% levy would be a significant reduction from the 145% tariff currently facing many Chinese goods. However, that number could still be seen as prohibitive to trade.
It is unclear if Trump wants the 80% rate to be the long-term tariff for China, or whether it should be viewed as a step in negotiations.
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