April 22, 2025 | Washington (world wide news)— U.S. President Donald Trump confirmed on Tuesday that tariffs on Chinese imports will be significantly reduced from the current 145%, but emphasized they will not be eliminated entirely, signaling a cautious easing in ongoing U.S.-China trade tensions.
Speaking at a White House press conference, Trump addressed rising speculation over the future of the trade standoff between the world’s two largest economies. “The tariffs will come down — not by a little, but they won’t go to zero,” he said.
The announcement follows remarks from Treasury Secretary Scott Bessent earlier in the day, who described the existing tariff levels as “unsustainable” and hinted at a mutual understanding between Washington and Beijing to de-escalate the dispute.
“We’re doing fine with China,” Trump added, striking a more restrained tone. “They won’t be that high, not going to be that high.”
The U.S. currently enforces a 145% tariff on a wide range of Chinese goods, while China maintains retaliatory tariffs of 125% on American products. The trade war, which has spanned years, has contributed to market volatility, disrupted global supply chains, and put upward pressure on interest rates.
Despite the long-standing economic strain, Trump reiterated that the U.S. seeks a constructive relationship with China. “We’re going to live together very happily and ideally work together,” he said, referencing Chinese President Xi Jinping.
The partial tariff reduction is expected to ease some of the tension, though it stops short of a full trade resolution. Market analysts are now watching for further policy signals and potential bilateral talks in the coming months.