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US President Donald Trump looks on as British ambassador to the United States Peter Mandelson (3R) speaks during a trade announcement in the Oval Office of the White House in Washington, DC, on May 8, 2025. Also pictured, US Vice President JD Vance (L). [AFP]
US President Donald Trump signaled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers prepare for trade talks over the weekend.
"80% Tariff on China seems right!" Trump wrote on his Truth Social platform, which would bring them down from 145 percent, with cumulative duties on some goods reaching a staggering 245 percent.
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