https://www.taxtmi.com/news?id=43398 A proposal to lower the current extreme US tariff rate on Chinese imports is advanced to help deescalate bilateral trade tensions and secure productive high level talks. The summary emphasizes that a subset of duties linked to enforcement objectives is unlikely to be negotiated, that any reduction would remain very high with supply chain and price consequences, and that credible implementation and conflicting fiscal and market access goals constrain US negotiating flexibility. en-us Fri, 09 May 2025 20:46:04 +0530 Fri, 09 May 2025 20:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43398 A proposal to lower the current extreme US tariff rate on Chinese imports is advanced to help deescalate bilateral trade tensions and secure productive high level talks. The summary emphasizes that a subset of duties linked to enforcement objectives is unlikely to be negotiated, that any reduction would remain very high with supply chain and price consequences, and that credible implementation and conflicting fiscal and market access goals constrain US negotiating flexibility. News - Fri, 09 May 2025 20:46:04 +0530 https://www.taxtmi.com/news?id=43398