US President Donald Trump’s tariffs on China are unlikely to ease, despite ongoing talks towards a comprehensive deal targeted for November, according to two people familiar with the matter.
The US seems “very comfortable” with the current rate of tariffs, the sources said, adding that the recent negotiations have mostly revolved around “broader” issues like TikTok, subsidies, trade deficit and export controls since the Trump administration remains focused on collecting revenues to fix the American fiscal deficit.
