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Talking Point This Week — To And Fro
Trump is reiterating that the US is talking with China on trade even after Beijing’s denial. This marks an interesting twist in the tariff war.
25 Apr 2025, 04:45 PM IST i

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Donald Trump has hinted at softening the tariffs imposed on China. (Photo source: NDTV Profit)
US President Donald Trump said early on in the week that tariffs on China won’t be as high as 145% and “will come down substantially, but won’t be zero.” He also said he has "no intention" of firing Federal Reserve Chair Jerome Powell, a backtrack from earlier stance. Simultaneously, Tesla chief Elon Musk said he will limit time with the US government and focus on the electric vehicle maker's business. Within this to and fro, the res...

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