Trump hinted that U.S.-China tariff hikes may end: no one will buy it if the tariffs rise again

PANews April 18 news, according to Reuters, U.S. President Trump said on Thursday that tariff mutual imposition between the United States and China may be about to end, and hinted that a deal on the fate of TikTok may have to wait. "I don't want tariffs to continue to rise because when it reaches a certain level, people don't buy it," he told reporters at the White House. He added, "So I may not raise taxes further, maybe I may not even want to reach the current tax level. Maybe I'll go for a lower tax rate because you want people to continue to consume, and at some tipping point, people will stop buying."