The media reported on a possible reduction in US duties on Chinese goods

The United States is considering the possibility of reducing customs duties for China in order to reduce tensions between the countries. This was reported by The Wall Street Journal on April 23, citing sources.

"According to informed sources, the administration of [US President Donald] Trump is considering the possibility of reducing high duties on Chinese imports (in some cases by more than half) in an attempt to reduce tensions with Beijing, which negatively affects global trade and investment," the publication says.

It is noted that Trump and his administration have not made a final decision. According to the newspaper, several options for easing duties on goods from China are under discussion. It is specified that in some cases tariffs can be reduced to 50-65%.

As an alternative, a multi-stage tariff scale is being considered: 35% on imports of goods that are not considered a threat to US national security, and at least 100% for strategically important goods.

Market conventions: China and the EU may join forces in a trade war against the United States

The share of their total GDP in the global economy will reach a third in the coming years, but it is unlikely that the countries will remove all barriers.

On April 22, the head of the US Treasury Department, Scott Bessent, said that the ongoing trade standoff between Washington and Beijing is unstable, and its de-escalation may occur soon. At the same time, he noted that official negotiations between the United States and China have not yet begun. In his opinion, they will be quite heavy.

On the same day, Trump announced that the United States would reduce the percentage of customs duties on China, but not to zero. Then he admitted that the total US duties on goods from China, which currently amount to 145%, is a lot.