Trump Backs 80% Tariffs Ahead of Crucial U.S.-China Talks in Geneva

As trade envoys from the U.S. and China prepare to meet in Geneva this weekend, Donald Trump is once again embracing aggressive tariff policy.

Posting on Truth Social, the president called the 80% tariff rate “appropriate,” dismissing any need to scale back duties to incentivize talks.

Recent trade data paints a more strained picture: shipments from China to the U.S. have dropped sharply, raising concerns over looming supply disruptions and price hikes. Despite this, Trump insisted that China has little room to retaliate further, having already raised its countermeasures to 125% and imposed restrictions on rare earth exports.

Treasury Secretary Scott Bessent and lead negotiator Jamieson Greer will represent Washington in the Geneva meetings, facing China’s Vice Premier He Lifeng.

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While no major breakthroughs are expected, U.S. officials aim to ease friction and set the stage for more structured discussions. Bessent emphasized this round will focus on rebalancing trade priorities, not hammering out a final deal.

Beijing, meanwhile, has expressed cautious optimism. But according to former U.S. negotiator Stephen Olson, any reduction in tariffs is likely to be minor, as both nations remain deeply entrenched in economic rivalry.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.