Llame al (888) 572-7520 para hablar con un agente
Enviar mensaje a un agente
As top negotiators from the United States and China prepare to meet, President Donald Trump has hinted at the possibility of easing tariffs that have strained global markets and rattled businesses worldwide.
President Donald Trump has suggested that U.S. tariffs on Chinese goods — currently as high as 145% — could soon be reduced.
“You can’t get any higher. It’s at 145, so we know it’s coming down,” Trump remarked during an event where he announced a new trade deal with the United Kingdom — the first of its kind since his administration imposed widespread levies last April.
The upcoming talks, set to take place in Switzerland this weekend, represent the clearest sign yet that Washington and Beijing are prepared to dial down a trade conflict that has sent shockwaves across financial markets.
Optimism on both sides
Describing the mood heading into negotiations, Trump said, “I think it’s a very friendly meeting. They look forward to doing it in an elegant way.” China’s Vice Foreign Minister Hua Chunying also expressed confidence, stating that Beijing has “full confidence” in its ability to manage trade relations with the U.S.
According to Dan Wang of the Eurasia Group, both governments are facing increasing economic pressure. “The recent signals from both sides suggest a transactional de-escalation is on the table,” she told the BBC.
Analysts warn of a long road ahead
While the announcement of talks was widely seen as a positive step, experts caution against expecting swift solutions. Former U.S. trade negotiator Stephen Olson noted to BBC: “The systemic frictions between the U.S. and China will not be resolved any time soon.” Even if the meeting yields tariff cuts, they are likely to be “minor,” he added.
Initial negotiations will be led by U.S. Treasury Secretary Scott Bessent and China’s economic chief, Vice Premier He Lifeng. Still, Olson stressed, “Everyone recognizes that any final deal will require the active engagement of both presidents.”
Eswar Prasad, former head of the IMF’s China division, echoed this sentiment, saying, “A realistic goal is probably at best a pullback from the sky-high bilateral tariffs, but that would still leave in place high tariff barriers and various other restrictions.”
Trade tensions ripple through global economy
Official data released Friday showed that China’s exports to the U.S. plummeted by over 20% in April compared to a year ago. Yet, overall Chinese exports rose by a stronger-than-expected 8.1%, signaling resilience despite trade tensions.
Meanwhile, the UK recently became the first country to strike a tariffs deal with the Trump administration. As part of the agreement, the U.S. will ease import taxes on British cars and allow certain steel and aluminum products tariff-free entry — offering relief to key UK industries.
U.S. businesses feel the pinch
Back home, American companies are watching developments closely. Wild Rye, an Idaho-based women’s outdoor apparel brand, has been hit hard by the tariffs due to its manufacturing operations in China.
“The cost of shipping goods has jumped significantly,” CEO Cassie Abel told the BBC’s Today program. “We have a purchase order incoming worth around $700,000 in goods, and now we’re facing £1.2 million in levies — up from £200,000.” Abel revealed she is now exploring the sale of parts of her company to raise cash.
Halloween activities for truck drivers: take the fun on the road
To celebrate this holiday safely while keeping the fun alive, we’ve put together a list of activities truck drivers can do to embrace the spirit
Secretary Duffy unveils new measures to strengthen trucking safety and compliance
In a press conference, Duffy pledged federal effort to eliminate fraud and improve trucking safety standards. On the morning of October 31, U.S. Secretary of
Rain and Early Snowfall: Weather Alert Issued for U.S. Highways This Weekend
Rain and early snowfall are prompting a weather alert for U.S. highways this weekend, with heavy storms expected across the South and early-season snow developing over the Rockies and Northern Plains.
Truck classification: a guide to the world of road transport
Understanding the vehicles we share the road with allows us to better appreciate the work and responsibility of those behind the wheel. Let’s talk truck
The highly anticipated Tesla Semi gears up for its official arrival in 2026
Following the release of Tesla’s third-quarter 2025 financial results, the company confirmed that the Tesla Semi is getting closer to its official debut. One of
Road Safety During Halloween: A Key Guide for Professional Drivers in the U.S.
Road safety during Halloween is a priority for professional drivers in the United States, especially with increased pedestrian activity, evening events, and changing weather conditions. This article outlines the risks and best practices for driving safely during this holiday period.
Business hours: Monday to Friday from 8:00 AM to 5:00 PM. California time