The US will lower the duties to China? The White House is considering the decision to reduce duties on goods from China from the current 145 percent. down 50-65 percentto lead to deesculation in the trade war. This information was provided by an anonymous official in an interview with The Wall Street Journal. It was emphasized that the president USA Donald Trump He did not make a decision, but talks are underway. “Trump is clearly He was a bit of a duties. And Beijing stood hard and will pull the lesson out of it, “said Jakub Jakóbowski, deputy director of the Eastern Studies Center.
There is a reaction of the stock exchange: On Wednesday 23 April at 17:30 The NASDAQ Composite stock index records an increase in 3 percent Also gains the S&P index 500 (+2.1 percent) and Dow Jones Industrial Average (+1.7 percent). In turn, the WIG20 index in Warsaw Dawn The securities at the closure was +3 percent (2,783 points).
Trump's announcement: The US president said on Tuesday, April 22 that duties on goods from China “will fall significantly” 145 percent It's “too much” and will be “significantly” reduced. Donald Trump did not provide any details in this matter, but emphasized that he had an optimistic approach to negotiations with China authorities. However, the Secretary of the US Treasury Scott Bessent has expressed the opinion that there would be a de -escalation. In his opinion, high customs tariffs applied to China are “beyond maintenance“.
Trade war: In recent weeks, the United States and China have exchanged tariff blows. Ultimately, the US applied duties on goods from China in the amount 145 percentBut temporarily turned off of them about 20 categories of electronic and technological products. At the same time Trump suspended previously announced duties on most countries of the world. However, China raised the tariffs to the USA to 125 percent
Read more: “Trump softens. Return in the trade war with China. 'We are doing well'“.
Sources: The Wall Street Journal, Jakub Jakóbowski (X), STOOQ.PL, Associated Press