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President Trump's Stance on China Tariffs
President Trump recently addressed reporters regarding the high tariffs imposed on China, stating his belief that while rates are currently set at a staggering 145%, they will not remain this high indefinitely. He assured the press that tariffs will decrease significantly but would not return to the previous zero rate. Trump expressed confidence that a positive relationship with China could be fostered, where both nations could work collaboratively. He emphasized the importance of creating a trade deal with China, suggesting that if discussions do not yield results, a set tariff number would be established.