At a press briefing on Thursday, U.S. President Donald Trump indicated that tariffs on Chinese goods might be reduced. “I don’t want tariffs to be too high, because at some point, people won’t be able to buy,” he said. Trump emphasized the importance of consumer access and signaled openness to easing tariffs. While the U.S. initially imposed sweeping tariffs earlier in April, China remained an exception—with tariffs on Chinese goods eventually rising to 145%. In retaliation, China raised tariffs on U.S. goods to 125%. Trump added that Beijing had reached out multiple times regarding the issue and expressed confidence that a “very good deal” between the two countries is on the horizon.