“The Trump administration is considering slashing its steep tariffs on Chinese imports—in some cases by more than half—in a bid to de-escalate tensions with Beijing that have roiled global trade and investment,“ the Wall Street Journal reports.
“President Trump hasn’t made a final determination, the people said, adding that the discussions remain fluid and several options are on the table.
One administration official said Trump wouldn’t act unilaterally and would need to see some action from Beijing to lower tariffs.”