trade deal trump trade deal tariffs interest bank trumps cut rates

US weighs plan to slash China tariffs to as low as 50% — down from 145% — as soon as next week: sources

US weighs plan to slash China tariffs to as low as 50% — down from 145% — as soon as next week: sources

Insiders said the 50%-to-54% range is in keeping with rates that were discussed last month when President Trump met with the bosses of the three biggest retailers in the US.

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