China Says 'Door Open' To Trade Talks After Trump Signals Tariffs Will Fall

Bringing further relief to global markets spooked by his aggressive trade policies, Trump also said on Tuesday he had no intention of firing U.S. Federal Reserve Chair Jerome Powell.

Since returning to the White House in January, Trump has imposed additional tariffs of 145% on many products from China.

These include duties initially imposed over China's alleged role in the fentanyl supply chain and later over practices Washington deemed unfair.