President Donald Trump said he’s unwilling to preemptively lower tariffs on China in order to unlock more substantive negotiations with Beijing on trade.
“No,” Trump said Wednesday when asked by a reporter if he is open to pulling back his 145% duties on Chinese imports to get the world’s second-largest economy to the negotiating table.
The president’s comments come a day before treasury secretary Scott Bessent and US trade representative Jamieson Greer were set to meet with their Chinese counterpart on trade in Switzerland.
