Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

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Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to deescalate the trade war.Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.“80% Tariff on China seems right! Up to Scott B,” Trump wrote on his social media account on Friday morning, referring to Scott Bessent, his Treasury chief, who has been a point person on trade.Bessent and U.S. Trade ..