Trump would drop up to 80% tariffs to China

In an effort to deactivate the growing commercial war between the United States and China, both powers began negotiations in Geneva, Switzerland, last Saturday, May 10.

US President Donald Trump marked the tone by suggesting that An 80% tariff to Chinese imports «It seems correct.» A significant reduction compared to the current 145% imposed in April, which has impacted bilateral trade.

In a message posted in Truth Social, Trump described the first day of conversations as «very good», highlighting a «friendly but constructive» environment and ensuring that preliminary agreements were reached, although without detailing them.

Despite Trump’s optimism, his administration has emphasized that Any reduction of tariffs must be corresponded by Chinawhile, from the Asian giant they have previously expressed that «China’s determination to safeguard their development interests will not change, nor its position and objectives of defending international equity and justice.»

The negotiations, which continue this Sunday, seek to relieve economic tensions triggered by reciprocal tariffs between the United States and China. The measures were of such magnitude that they have generated a de facto commercial, according to Scott Besent, secretary of the US Treasury.

The absence of concrete details about the agreed points reinforces the perception that these meetings are an initial step, rather than a definitive advance. The markets, however, reacted with a moderate optimism after the rumors of progress. The price of Bitcoin (BTC) continues to hover the USD 104,000, although In the last 7 days it reflects an increase of 9.6%.

With the affected global trade and recession projections on the horizon, Geneva negotiations represent a critical opportunity for both nations. However, mutual distrust and firm positions suggest that a substantial agreement could require months of dialogue.