According to Sohu News reported by ChainCatcher, US President Trump stated that the current high tariffs on China will significantly decrease, but will not drop to zero. He will adopt a friendly approach in negotiations with China, rather than a tough stance.
Earlier, US Treasury Secretary Bessent said in a closed-door investor meeting that the US-China trade war is unsustainable, and he expects the trade tensions to ease. Influenced by this statement, the US stock market rebounded significantly.
