Trump Says He Will “Substantially” Reduce Tariffs on China, Signals Shift in U.S. Trade Strategy

President Donald Trump announces he plans to “substantially” reduce tariffs on Chinese goods, signaling a potential shift in U.S.-China trade relations after years of high tensions and economic friction. The statement comes as part of a broader effort by the Trump administration to stabilize global markets, ease inflationary pressures, and reset diplomatic and economic priorities ahead of a second term.

Speaking to reporters, Trump says the tariffs imposed during his first term—originally enacted to address what he described as China’s unfair trade practices—have achieved their goal and may no longer be needed at the current. . .