President Donald Trump speaks to reporters after David Perdue was sworn in as U.S. Ambassador to China during a ceremony in the Oval Office of the White House, Wednesday, May 7, 2025, in Washington. (AP Photo/Mark Schiefelbein) (Mark Schiefelbein, Copyright 2025 The Associated Press. All rights reserved.)
WASHINGTON – President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to deescalate the trade war.
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