President Donald Trump hinted Thursday that the U.S. might hold off on further tariff increases amid ongoing trade talks with China. “At a certain point, people aren’t gonna buy,” Trump said, acknowledging the potential impact of higher tariffs on consumers.
The U.S. has already imposed a 10% tariff on most imports, with higher levies postponed for negotiations. Trump also mentioned that a deal over TikTok’s U.S. assets will likely be delayed until the trade issue is resolved.
The two countries continue to engage in talks, but high-level discussions remain limited.