Trump admits US tariffs on imported goods from China are too high, and is expected to be significantly reduced

PANews reported on April 23 that according to Sina News, US President Trump delivered a public speech on Tuesday (April 22) local time. He admitted that the US currently has too high tariffs on Chinese exports and the tax rate is expected to be significantly reduced. This marks a ease in Trump's attitude on his iconic tariff policy. On Tuesday, U.S. Treasury Secretary Bescent also said at a JPMorgan Chase event that the tariff war between China and the United States will cool down soon.