Trump Slashes China Tariffs to 80% Ahead of May 10 Trade Talks

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President Donald Trump has made a U-turn in the US-China trade war. He now proposes 80% tariffs on Chinese imports, down from the 145% duties imposed in April 2025. But why a sudden change? This soft stance on tariffs may be a result of pressure from financial markets and advisors like Treasury Secretary Scott Bessent, …