British media: Trump does not want tariffs to continue to rise.

GoldenOctober2024
TRUMP-2.31%

On April 18, Jin10 data reported that according to Reuters news on the 18th, U.S. President Trump said on Thursday that there is hope for a breakthrough in the situation of mutual tariff increases between China and the U.S. “I do not want tariffs to continue to rise, because when prices rise to a certain level, people will stop buying,” Trump said to reporters at the White House. “So I might not raise taxes further, and I might not even want to reach the current level of taxation. Maybe I will choose a lower tax rate because you want people to continue consuming, and at a certain critical point, people will stop buying.”

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