Trump: 80% tariff on China seems right

• 80% tariff on China seems right, up to Scott Bessent.

This is in stark contrast to earlier reports suggesting that the US could lower tariffs on China to 50-54%. He added that it’s up to the US Treasury Secretary Scott Bessent to decide the appropriate rate, as he’s the one in charge of trade negotiations with China, but it still shows that Trump is favouring a more aggressive approach.

This article was written by Giuseppe Dellamotta at www.forexlive.com.