(VOVWORLD) -US President Donald Trump said the US's heavy tariffs on China could be significantly reduced after he negotiates with Chinese President Xi Jinping. However, the new tariffs will not be zero.
Speaking to the press on Tuesday, President Trump expressed optimism about a trade agreement with China, citing his good relationship with President Xi.
The White House announced Tuesday that it is preparing for an agreement with China. This announcement is intended to reassure financial markets and investors that President Trump’s administration will gain progress in improving trade relations with China.