Trump Suggests End to U.S.-China Tariff Battle

U.S. President Donald Trump indicated on Thursday that the ongoing tariff dispute with China may soon be resolved. Speaking at a press conference in the White House, Trump expressed his desire to avoid further increases in tariffs, emphasizing their potential impact on consumer spending. He stated, ‘I don’t want tariffs to keep rising because at a certain point, people stop buying.’ Trump suggested that he might not impose additional tariff hikes and could even consider lowering current rates to boost consumer activity. Emphasizing the significance of maintaining consumer purchasing power, Trump warned that beyond a certain threshold, consumers may halt their purchases altogether. Furthermore, Trump hinted that an agreement regarding the future of TikTok might require additional time for finalization.