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WorldPosted at: Apr 16 2025 2:08PM


US to offer lower tariffs in exchange for trade isolation of China - Reports

Washington, Apr 16 (UNI) During negotiations with more than 70 countries, the US administration plans to secure commitments from trade partners to economically isolate China in exchange for lower tariffs imposed by the White House, The Wall Street Journal newspaper reported.
The White House plans to convince countries to prohibit China from transporting goods through their territories, the report said on Tuesday, adding that Washington also wants to ban Chinese companies from locating in these countries in order to circumvent US tariffs, and prevent cheap Chinese industrial goods from entering their markets.
US Treasury Secretary Scott Bessent has become one of the key developers of this strategy, the report read. In his opinion, in the near future, such agreements can be reached primarily with Japan, the United Kingdom, Australia, South Korea and India.
On April 2, US President Donald Trump announced reciprocal tariffs on imports from various countries, establishing a baseline rate of 10%. The tariffs were intended to be adjusted based on the rates charged by those countries on US goods. However, on April 9, Trump declared a 90-day pause on tariffs for all countries except China and lowered the rate to 10% to facilitate negotiations.
After a number of steps in the so-called trade war between Washington and Beijing, US tariffs on Chinese goods reached 145%, and China's duty on American goods amounted to 125%.
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