US President Donald Trump proposed an 80% tariff on Chinese imports just days before critical trade negotiations with Beijing began. On Friday, Trump announced on social media, signaling a strong stance ahead of the talks in Switzerland.
China’s Vice Foreign Minister Hua Chunying responded by expressing confidence in Beijing’s ability to handle trade disputes with the United States. The announcement comes after Trump imposed 145% tariffs on Chinese goods in April, which rattled global markets and reduced bilateral trade.
Recent government data showed that China’s exports to the US declined more than 20% yearly in April, although exports rose 8.1%. Analysts say both governments face economic pressure and may seek temporary compromises during the upcoming talks.
Dan Wang of Eurasia Group believes that both nations might seek short term relief though systematic tension will remain unresolved. Former US trade negotiator Stephen Olson cautioned that tariff reductions would likely be minimal.
US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng will lead the negotiations. However, Olson emphasized that both leaders must directly engage to finalize any deal.
On Friday, Trump again urged China to open its markets to American products, leaving tariff adjustments up to Scott B. Trump earlier predicted a very friendly meeting with Chinese officials. The talks follow Britain’s historic trade agreement with Trump’s administration, which cut tariffs on British cars and metals in exchange for greater access for American beef and other exports.
Countries worldwide are now rushing to negotiate similar deals before the next wave of US tariffs takes effect. US businesses remain deeply concerned about the tariffs. Cassie Abel, CEO of Idaho-based Wild Rye, said tariffs added over $1 million in levies on a $700,000 shipment.
She now considers selling company assets to cover costs. As the talks near, both nations hope to ease tensions, but Trump’s new tariff proposal signals that hardline positions may dominate discussions.
