US President Donald Trump has hinted that US tariffs on goods from China may come down as top trade officials from the world's two biggest economies are set to hold talks. "You can't get any higher. It's at 145,

President Trump on Wednesday said he would not pull back on 145% tariffs against China to get them to the negotiating table for a trade deal. Why it matters: Trump's comments may dent the market's optimism that Saturday's planned talks in Switzerland could lead to a de-escalation of the trade war that has roiled the global economy.

The United States is considering a major rollback of tariffs on Chinese imports, with plans underway to cut the current 145% levy to as low as 50%, according to a report by the New York Post. The potential move signals a significant shift in the Trump administration’s trade strategy as high-level negotiations between US and Chinese officials are