Trump’s Surprise China Tariffs Drawdown Driven by Desire to ‘Keep Himself in the News’

May 10, 2025 | EARNINGS

The president’s comments of the possibility of cutting tariffs on China from 145% to 80% is “bait” ahead of the weekend’s talks in Geneva, and seems like “an attempt to deescalate” tensions over trade, says Action Economics principal director and chief economist Michael R. Englund.

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