President Trump touts 'great progress' in trade talks with China

Trump suggests lowering tariffs on China to 80% ahead of trade talksIn a social media post, President Donald Trump suggested lowering tariffs on China from 145% to 80% ahead of trade negotiations.WASHINGTON – President Donald Trump said 'great progress' was made on day one of his team's high-stakes trade negotiations with China, describing the discussions as 'a total reset' and saying the two sides agreed on many issues.Trump's comments came after Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met May 10 with their Chinese counterparts for about eight hours in Geneva to try to secure a trade