US to Slash China Tariffs by 50%, Potentially Reshaping Trade Dynamics

President Trump’s administration is proposing a major overhaul of US trade policy with plans for a significant reduction in tariffs on Chinese imports, potentially impacting global markets starting as early as April 2025. The proposed cuts could amount to up to 50%, representing a substantial shift from the current high-tariff levels. This adjustment in US trade relations may have far-reaching economic implications.