Supreme Court Justice David Souter's Death and U.S.-China Trade Talks

SOURCE www.nbcnews.com
Former Supreme Court Justice David Souter dies at 85. President Trump signals a willingness to cut U.S.'s tariff rate on China to 80% ahead of trade talks. Trump's approach to tariffs negotiations remains unwieldy.

Key Points

  • President Trump signals a willingness to cut U.S.'s tariff rate on China to 80%
  • Trump's tariffs negotiations approach remains unpredictable and unwieldy
  • China's exports surge despite existing tariffs, possibly through trans-shipment

Pros

  • Potential reduction in U.S.'s tariff rate on China could benefit trade relations
  • Continued discussions on trade deals with other countries

Cons

  • Uncertainty in the effectiveness of tariffs on China
  • Limited progress on trade deals despite negotiations