United States President Donald Trump on Thursday suggested a potential halt to the tit-for-tat tariff rises between the US and China that stunned markets and that a settlement over the fate of social media firm TikTok may have to wait.
“I don’t want them to go higher because at a certain point you make it where people don’t buy,” Trump told reporters about tariffs at the White House.
Therefore, I might not desire to progress farther or even reach that level. Given that you know you want people to buy and that eventually they won’t, I could want to go to less.”
Further evidence of a waning desire for drastically higher overall tariffs came from Trump’s remarks.
