Donald Trump reverses plan for 145% China tariffs, introducing a surprising new proposal that signals a shift in economic strategy.
President Trump, weeks after sharply raising tariffs on China, now appears to ease his tough trade stance, surprising both allies and critics alike.
The former 145% rate on most Chinese imports was announced during the early days of Trump’s second term.
Tariff policy reversal shocks markets and global observers
trump reverses stance on 145% china tariffs as he makes shocking new econom 23770
Trump surprises with tariff reversal, signaling a shift in strategy. Image Credit: Getty
Trump took to Truth Social on May 9, writing: “80 percent Tariff on China seems right! Up to Scott B.”
The post signals a major shift from Trump’s earlier stance, which imposed record-high import taxes on Chinese goods in U.S. history.
