President Donald Trump has announced his intention to lower tariffs on Chinese goods in the coming weeks.
There is a fresh twist in the ongoing dramatic trade war between China and the United States of America.
It has been a public knowledge recently that the United States and China haven’t been the best of economic partners especially when Donald Trump assume office earlier this year.
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The two economic powerhouse have been hitting each other really had with Tariff increament and to be fair to China, it was all started by Donald Trump.
The United States president took the first action by announcing an increament I’m tariffs for some countries including China.
In a battle for supremacy, China retaliated the tariff hike and refused to bow down to the United States.
The back and forth seems to be getting close to an end as Donald Trump himself made it known his intentions to lower some of the tariffs imposed on China.
Currently, The United States has a 145% on China goods but the president revealed in the next two to three weeks, the traffic will be decreased.