Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.

The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be made unilaterally.

US president suggested income tax be reduced - 'maybe even completely eliminated' - for people making less than US$200,000 a year US President Donald Trump suggested on Sunday that his sweeping tariffs would help him reduce income taxes for people making less than US$200,