<h1>Trade Talks Aim to Slash Tariffs from 145% to 80%, Signaling Potential Thaw in US-China Economic Tensions</h1> A high-level US trade delegation is preparing to meet Chinese officials in Switzerland to discuss potential tariff reductions. The current tariff rate of 145% on Chinese goods may be cut to 80%, signaling a potential de-escalation of the trade war. The president suggested lowering tariffs while calling for China to open its markets, though the proposed rate would still remain significantly high and potentially disruptive to trade relations.