Investors at the international financial markets are not convinced that Donald Trump will take “deals” with important trading partners from the United States promptly – especially not with China. This was shown on Wednesday that on Wall Street, for example, the share prices were only moderately added after a strong increase at the start of the trade. According to matching media reports, it was first said that Trump was about to drastically reduce the tariffs to the People’s Republic. The “Wall Street Journal” reported, for example, that the White House was considering reducing the tariffs to a range of 50 to 65 percent; At the moment they amount to 145 percent for some Chinese products. Trump’s finance minister Scott Bessent, in turn, confirmed that Washington was not planning to reduce the tariffs unilaterally and that a complete trade agreement with Beijing could take two to three years. “There will be no one -sided reduction in tariffs against China. The president has made it clear that China has to conclude an agreement with the United States of America, and we are optimistic that this will come about,” said the press spokeswoman of the White House, Karoline Leavitt, later on Fox News. He later indicated that he could announce customs duties for countries, including China, “in the next two to three weeks”. At the same time, Trump said the deadline would ultimately depend on whether China gets involved. “It depends on them,” said Trump. “We have a situation in which we have a very, very great place. It is called the United States of America and he has been ripped off for years.” In Asia, the share price started in the minus on Thursday. And in Europe, too, the stock exchanges tended to be weaker at the beginning of the trade.
US tariff in live ticker: China replies Trump: First the tariffs have to go down
