Trump “Tariffs on China, Will Lower Someday… For Now, Maintain Economic Pressure”

President Trump Announcing The Maintenance Of Tariff Policy For The Time Being (Source: Yonhap News)

Donald Trump, President Of The United States, Suggested The Possibility Of Future Policy Change By Stating That The Current High Tariffs On China Will Be "Lowered Someday." In An Interview With NBC Broadcast On The 4th (Local Time), President Trump Emphasized The Justification Of The Current Tariff Policy, Saying, “We Lost One Trillion Dollars In Trade With China.”

Regarding The Report That China Is Demanding A Reduction In Tariffs As A Condition For Negotiation, He Dismissed It By Saying, “Why Would I Do That.” However, He Added, “The Tariff Rate Of 145% Must Be Reduced At Some Point.” He Explained The Reason As “Otherwise, Doing Business With China Will Eventually Become Impossible.”

President Trump Evaluated The Current Tariff Policy As Virtually Cutting Off Trade With China And Claimed, “China’s Factories Are Closing Down Now And The Unemployment Rate Is Soaring, And The Economy Is On The Verge Of Collapse.” He Also Used The Strong Expression “China Is Being Completely Destroyed,” And Maintained The Stance That The US Pressure Strategy Is Effective.

Meanwhile, When Asked Whether Some Item-Specific Tariffs Are Permanent Measures, He Left Room For Change By Saying, “It Depends On What You Are Talking About.” This Is Interpreted As A Statement That Suggests The Tariff Policy May Be Flexibly Adjusted Depending On The Results Of Future US-China Negotiations Or Changes In The Global Supply Chain.

President Trump’s Recent Remarks Are Interpreted As A Strategy That Maintains The Existing Hardline Pressure On Trade With China, But Ultimately Leaves Room For A Realistic Settlement Of Negotiations.