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Trump Suggests Possible Tariff Reductions for China Conditional on Reciprocal Actions

The former U.S. president stated that tariff cuts are possible if China also agrees to make concessions benefiting the United States.

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Terms & Concepts
  • Tariff: A tax imposed on imported goods, used by governments to regulate trade or protect domestic industries.
  • Trade Policy: A government’s strategy governing international trade, including tariffs, regulations, and agreements.