Trump administration considers slashing tariffs on Chinese imports to de-escalate trade tensions.
Tariffs could come down to between roughly 50% and 65%; a tiered approach considered: 35% levies for items the U.S. deems not a national-security threat and at least 100% levies for strategic items.
China open to trade talks but warns against negotiating under continued threats from the U.S.
https://www.wsj.com/politics/policy/white-house-considers-slashing-china-tariffs-to-de-escalate-trade-war-6f875d69
Is Trump panicking much?
Seems like another scheme subject to corruption, everyone will be getting a license without ever being physically checked or evaluated in anyway. Though it should excite those who can make a few extra Baht getting the blind a driver license.
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