Trump proposes 80% tariffs as he goes soft on China, reducing US-China trade war tensions.

President Donald Trump has made a U-turn in the US-China trade war. He now proposes 80% tariffs on Chinese imports, down from the 145% duties imposed in April 2025.

President Donald Trump has made a U-turn in the US-China trade war. He now proposes 80% tariffs on Chinese imports, a reduction from the 145% duties imposed in April 2025.

But why a sudden change? This soft stance on tariffs may be a result of pressure from financial markets and advisors like Treasury Secretary Scott Bessent, who felt the higher rates were “unsustainable,” and aimed to stabilize economic ties as trade talks with Beijing loom.

The tariffs triggered intense market volatility, with China retaliating through 125% duties on US goods. This tit for tat actions caused uproar to global supply chains and impacting market prices. Can this be fixed? Yes, the reduced tariffs may signal a probable de-escalation, and hoping for smoother US-China relations.

Trump Defends His Move

In a whirlwind of Truth Social posts, President Donald Trump hinted at an 80% tariff on China, leaving the decision to Scott Bessent. Days later, he softened, suggesting lower tariffs if talks go well.

This comes after dismissing tariff rollbacks on China’s 145% duties. Trump also demanded China open its markets, claiming it’s “so good” for them. Is this a strategic dance or a policy pivot? Saturday’s talks may tell.

Scott Bessent To Take The Final Call: Trump

Trump had proposed an 80% tariff on China and said that the final call will be taken by US Treasury Secretary Scott Bessent, who will be leading the team in the trade talks on May 10.

Will These Trade Talks Impact Bitcoin’s Bull Run?

Trump’s proposed 80% tariffs on Chinese imports, which had been making headlines, did not seem to have an impact on Bitcoin’s rally as it crossed $100K.

Reduced tariffs could stabilize markets, pushing Bitcoin further. However, stalled talks may risk volatility. Investors will be closely watching the developments as the two nations are set to engage in the next round of negotiations on May 10.