WASHINGTON — President Donald Trump used social media to announce Friday that he was considering lowering tariffs on Chinese imports from 145% to 80%.
U.S-China delegations are meeting this weekend in Geneva, Switzerland, for high-stake negotiations. Trump’s new ambassador to China is David Perdue.
“We have to make a great deal for America,” Trump told reporters in the White House adding, “We are going to come back with a fair deal.”
Related story: You called me. No — you called ME. Before US-China meeting, nations each say the other wanted talks
Trump has also used social media to promote his memecoin $TRUMP. Karoline Leavitt, the White House press secretary, faced questions about a potential conflict of interest.
“I can assure you, the president acts with only the interests of the American public in mind,” Leavitt said during a news conference.
Related story: Wall Street and other markets hold steady ahead of a highly anticipated US-China meeting on trade
Leavitt also said Trump will be traveling to Saudi Arabia, Qatar, and the United Arab Emirates to promote a “proud, prosperous and successful Middle East.”
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