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Entertainment News: May 9, 2025

Trump softens on China trade war, suggesting an 80% tariff 'seems right'


Published on 2025-05-09 15:27:06 - Fortune
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  • U.S. officials are set to meet with a high-level Chinese delegation in Switzerland this weekend in the first major talks between the nations since Trump's tariffs announcement.

In an article published on May 9, 2025, by Fortune, it is reported that former President Donald Trump has proposed an 80% tariff on Chinese imports as part of his strategy to escalate the trade war with China. This proposal comes in response to ongoing tensions and aims to protect American industries from what Trump describes as unfair trade practices by China. The article discusses the potential economic impacts of such a high tariff, including increased costs for American consumers and possible retaliatory measures from China. It also mentions the reactions from various stakeholders, including business leaders and economists, many of whom express concerns about the potential for further disruption in global trade.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/09/trump-china-trade-war-80-tariff/ ]