President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war.

    • Angry_Autist@lemmy.world
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      1 year ago

      Not for no reason, because he somehow thought it would generate enough profit to cut taxes on the rich

      Literally no one in his administration understands macroeconomics