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Trump: If China and the US cannot reach a long-term trade协议, tariffs will rise significantly.
[Trump: Tariffs will rise sharply if China and the United States cannot reach a long-term trade deal] According to CNBC, U.S. President Donald Trump said on Monday morning that even if a long-term agreement cannot be reached after the 90-day moratorium expires, tariffs on China will not return to 145%, but they will rise sharply. Previously, China and the United States reached a temporary trade agreement, the two sides will significantly reduce tariffs, the United States will reduce tariffs on China from 145% to 30%, and China will reduce tariffs on American goods from 125% to 10%.