LeadStory

Did Trump soften on China tariffs?

Asked 11 hours ago

Answer

Trump initially threatened a 100% tariff on Chinese goods but soon softened his stance, signaling ongoing negotiations and causing a market rebound. He reassured the public that relations with China would be fine, though talks and tensions continue.

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CNBC

China is learning to live without us, says Jim Cramer

CNBC · Recent
CNBC
CNBC
Recent
  • The US president threatened 100 percent tariffs on Chinese goods after China restricted rare earth mineral supplies. 22s
  • The president later reassured that US-China relations were fine, causing a market rebound. 28s
  • China's exports to destinations other than the US grew nearly 15 percent, while exports to the US fell 27 percent. 1m 21s
  • Despite the drop in US-bound exports, China's total exports rose 8 percent, the highest of the year. 1m 29s
  • Cramer suggests these trends indicate China is learning to live without US trade. 1m 32s
EconomyPolitics

References

China is learning to live without us, says Jim Cramer
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CNBC
23 hours ago
China is learning to live without us, says Jim Cramer

Trump initially threatened a 100 percent tariff but then said, 'no worries, the relationship is fine,' and talks are back on.

Markets rebound after Trump softens tone on China tariffs
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CBS News
23 hours ago
Markets rebound after Trump softens tone on China tariffs

President Trump appeared to walk back imposing new tariffs on Chinese goods after previously threatening 100 percent tariffs, leading to a market rebound.

China vows countermeasures against Trump's 100% tariffs
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CNBC
1 day ago
China vows countermeasures against Trump's 100% tariffs

President Trump said to 'not worry about China' after threatening an additional 100 percent tariff.

Trade Showdown: U.S. and China lock horns again
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CNBC
2 days ago
Trade Showdown: U.S. and China lock horns again

Trump described China's rare-earth controls as hostile but later said it will all be fine, softening his rhetoric.

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