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A key spotlight falls on the United States' approach to tariffs. President Donald Trump recently indicated that tariffs on Chinese goods, previously seen soaring as high as 145%, will be reduced "substantially." The Wall Street Journal adds that tariffs might be dropped to levels around 50-65%. However, these statements create confusion, especially as Treasury Secretary Scott Besson clarified that the current tariff levels—145% on Chinese imports and 125% on US exports—act effectively as a trade embargo, which neither side can sustain.