Trump Official Says Tariff War With China 'Unsustainable'
Newsweek2 days ago
Trump Signals Major Cut to 145% China Tariffs
Above: US President Donald Trump addresses the swearing-in ceremony for Paul Atkins, the chairman of the US Securities and Exchange Commission (SEC) at the White House on April 22, 2025, Image copyright: Bonnie Cash/Contributor/Bloomberg via Getty Images
The Spin
Pro-Trump narrative
The tariff reduction represents a necessary course correction to prevent economic damage, as the current rates have effectively created a trade embargo between the world's largest economies, disrupted supply chains, and sparked recession fears. The move will help stabilize markets and prevent further economic deterioration. President Trump is navigating the global economy with wisdom and vision.
Anti-Trump narrative
The tariff adjustments signal weakness in U.S. trade policy and could undermine efforts to address long-standing issues with China's trade practices. Beijing views this as a sign of Trump blinking and he may be less inclined to make meaningful concessions in future negotiations.