April 25, 2025
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10:35Now PlayingChinese officials have dismissed as "groundless" Donald Trump's claims that Washington and Beijing are in talks to reduce the tariffs the two countries have imposed on each other.
Beijing said the US president's remarks that the final tariff rate on China's exports would come down "substantially" from the current 145% were akin to "trying to catch the wind".
China and the US have been at the forefront of the trade war that erupted about a month ago on Mr Trump's so-called 'Liberation Day', when he unveiled a sweeping array of import taxes.
Now, as the world recovers from the initial shock, former Deputy Director of the International Monetary Fund, Minoushe Shafik, joins Andrew Marr to discuss.
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#andrewmarr #donaldtrump #trump #trumptariffs #finance #politics #trade #tradewar #usa #china #lbc
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