Trump Acknowledges Tariffs Unsustainable Amid China Ties

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Source: The Daily Beast
Trump Acknowledges Tariffs Unsustainable Amid China Ties
Photo: The Daily Beast
TL;DR Summary

President Trump has acknowledged that his proposed 100% tariffs on China are unsustainable and plans to meet with Chinese President Xi Jinping at the upcoming APEC summit to discuss trade issues, despite recent tensions and retaliatory measures from China. The tariffs have generated significant revenue but have also escalated trade tensions and impacted U.S. farmers, especially in the soybean industry.

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