President Donald Trump suggested lowering tariffs on China ahead of trade talks. By how much? From current 145 percent levels down to 80 percent. China currently has 125 percent tariffs on U.S.-made goods. Trump’s treasury secretary and Chinese officials will meet this weekend.

President Donald Trump remains firm that the United States is not going to unilaterally reduce tariffs on Chinese goods without concessions from China, the White House said on Friday, hours after Trump floated the idea of reducing the current rate of 145% down to 80% as the two sides prepare for talks between in Switzerland.

The Financial Times weekend edition says US President Donald Trump has signalled "openness to cutting tariffs on China", ahead of upcoming talks. In a Truth Social post, Trump suggests that the US could almost halve the tariffs on Chinese goods,

Radical Left Democrat Lunatics would go around screaming, ‘Read my lips,’ he posted — in a reference to George HW Bush’s pledge not to raise taxes in the 1988 election which ultimately hurt him politically.

President Donald Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts in his signature economic package.