“I’m not sure if it will be necessary, but it was with the United Kingdom,” says the Republican after 90 -day tariff truce
The United States President, (Republican Party) on Thursday (13.MAI.2025) who could be negotiating directly with China President Xi Jinping on the final details of the commercial agreement between the countries.
“Yes, I can see this. I’m not sure if it will be necessary, but it happened to the United Kingdom,” said Trump during an interview with Fox News, a
On Monday (12.MAI), among the 2 countries for an initial period of 90 days. The agreement was signed after negotiations in Geneva, Switzerland, during the weekend.
In practice, according to the joint statement issued, from Wednesday (14.MAI), Americans will temporarily reduce their rates on Chinese products, which were by 145%to 30%, while China will reduce their rates on US imported products, then taxed by 125%to 10%.
Start of reduction
The flexibility of tariffs reflected in Asian bags this Wednesday (14.MAI). In Shanghai, China’s financial center, the scholarship closed at a 0.86% increase in the Shanghai Composite index.
FTSE China A50 – Index that brings together the 50 largest companies listed in Shanghai and Shenzhen – finished the day with a 1.71%advance.
Among the main scholarships in the region, Hang Seng from Hong Kong had the highest rise. The index closed with an advance of 2.30%. South Korean Kospi rose 1.23%.
Negotiations will continue
It is not yet known when Chinese and Americans negotiators will sit back on the negotiating table, but the China Ministry of Commerce has already expressed it expects in the next rounds.
The same day the agreement was announced, the Chinese government reported that the US must still “To completely correct the wrong practice of unilateral tariff increases”.
