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Trump says tariffs on China imports won't return to 145%, sees deal

Speaking on Monday, President Donald Trump expressed his expectation that U.S. tariffs on Chinese imports would not revert to the previous high of 145% once the 90-day pause concludes, and added that he anticipates Washington and Beijing will reach an agreement.

Reuters ECONOMY
Published May 12,2025
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President Donald Trump on Monday said he does not expect U.S. tariffs on Chinese imports will return to 145% after the 90-day pause ends, adding that he thinks Washington and Beijing will have a deal.

Still, Trump added that the U.S. tariffs on goods imported from China could still return to be substantially higher.