Trump reduces Chinese tariffs to 80% ahead of May 10. Trade conversations

President Donald Trump made a turnaround in the US-Kine trade war. He now proposes 80% of the chinese imports, which is less than 145% of the duties imposed in April 2025.

But why a sudden change? This soft stance on tariffs can be the result of pressure from the financial markets and advisers such as the Minister of the Treasury of Scott Besent, who believed that the larger rates were “unsustainable” and aimed to stabilize economic ties as trade interviews with Beijing.

The tariffs launched an intense volatility of the market, and China avenged through 125% of duties on American goods. This tit for the dad of actions caused restlessness to the global supply chains and influenced market prices. Can this be fixed? Yes, reduced tariffs can signal a probable deescation and hope for smooth relationships of the US-kine.

Trump defends his move

In the whirlwind Truth social postsPresident Trump hinted at 80% of Tariff on China, leaving Scott Besenta’s decision. Days later, he softened, suggesting lower tariffs if the conversations are going well.

This comes after the rejection of tariff return results in Chinese 145% of duties. Trump also asked China to open its markets, claiming it was “so good” for them. Is this a strategic dance or a political turn? Saturday conversations can say.

Scott Beesent to take over the final call: Trump

Trump defends his proposal 80% of Tariff on China. He added That the final invitation will be taken over by US Minister of Scott’s Scott Bessent, as the latter will lead a team to negotiations on trade conversations, which will be held on May 10th.

Will these trade conversations affect the bitcoin bull?

Trump’s 80% of tariffs to Chinese imports, which have been making news for some time, have no influence on the Bitcoin’s rally because it has exceeded $ 100,000 comfortably on Thursday.

Reduced tariffs could stabilize markets, pushing bitcoin further. However, stopped conversations can risk volatility. Investors are carefully negotiating that negotiations are happening on May 10th.