Yigit Taha OZTURK 
The White House is considering lowering tariffs on Chinese imports, a source familiar with the matter said Wednesday, stressing that no decision would be made unilaterally.
According to the Wall Street Journal, tariffs could drop from 145% to between 50% and 65%, though no official confirmation was given. White House spokesperson Kush Desai called such reports “pure speculation” unless directly announced by Trump.
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President Donald Trump said, “We’re going to have a fair deal with China,” and added that a final decision on tariffs would come within 2-3 weeks.
Global Implications
Treasury Secretary Scott Bessent stated that both countries consider the current tariff levels unsustainable, although no timeline for formal negotiations has been set.
Markets responded positively to the news, with the S&P 500 rising nearly 3%, fueled by Trump’s softened stance on the Fed and hints at a China deal.
The IMF warned, however, that such tariffs would slow economic growth and raise global debt levels.
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