Trump Refuses to Lower Tariffs on China Ahead of Trade Talks

Upcoming US-China Trade Negotiations

• 🇨🇭 US Treasury Secretary Scott Bessant and Trade Representative Jameson Greer are scheduled to meet with Chinese counterparts in Switzerland this weekend.
• 🇺🇸 This marks the first significant official meeting concerning tariffs between the US and China since President Trump imposed tariffs.

Trump's Stance on Tariffs

• 🚫 President Trump stated that the US will not lower its tariffs on Chinese goods to initiate trade talks.
• 🗣️ He responded with a firm "No" when asked if he would consider reducing the up to 145% reciprocal tariffs.
• 🇨🇳 China had previously indicated a willingness to negotiate if the US lowered its tariffs.

Key Negotiation Points

• 💊 A major demand from the US is for China to stop the flow of fentanyl into the US.
• 🗣️ President Trump also suggested that the case of jailed Hong Kong media owner Jimmy Lai might be brought up during the talks.
• 🏛️ White House economic trade adviser Peter Navarro, known for his aggressive stance on tariffs, will not be attending the Switzerland meeting.

Other Topics Discussed

• 🌍 President Trump teased potential news regarding Gaza, stating that information would likely be available within 24 hours.
• 🕊️ He also signed a proclamation designating May 8th as "Victory Day" commemorating the end of World War I.