Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice:-ET

 

U.S. President Donald Trump indicated a possible easing of tariff tensions with China, suggesting he may not raise tariffs further to avoid discouraging consumer spending. While he previously imposed 10% tariffs and later increased rates on Chinese imports (totaling 145%), both the U.S. and China now appear less inclined to escalate the trade conflict.