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Home > All news > Export Import, Report & Analysis, Trade > US weighs plan to slash China tariffs to as low as 50% — down from 145% — as soon as next week

US weighs plan to slash China tariffs to as low as 50% — down from 145% — as soon as next week

May 9, 2025
Reading Time: 2 minutes
US weighs plan to slash China tariffs to as low as 50% — down from 145% — as soon as next week

WASHINGTON D.C. : The Trump administration is weighing a plan to slash the 145% tariff on Chinese imports by more than half — effective as soon as next week — as top US and China officials head to Switzerland for high-level trade negotiations, The Post has learned.

Specifically, US officials are discussing a proposal to lower President Trump’s punishing levy on China goods to between 50% and 54% as they begin what promise to be lengthy talks to hammer out a trade agreement, sources close to the negotiations said.

Meanwhile, trade taxes on . . .

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