I Don’t Want Them to Go Higher": Trump Reconsiders Tariff War

Apr 18, 2025 Khushi Kumari

President Donald Trump indicated a potential end to the escalating tariff exchanges with China, expressing concerns over the impact on consumer behavior

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Trump stated, "I don't want them to go higher because at a certain point you make it where people don't buy," highlighting the economic implications of continued tariff hikes

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The President acknowledged that excessive tariffs could deter consumer purchases, suggesting a more measured approach to trade policy

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Trump mentioned that China has reached out following the imposition of tariffs, indicating ongoing communications between the two nations

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The administration has excluded certain electronics, such as smartphones and laptops, from the new tariffs, aiming to mitigate consumer impact

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The International Monetary Fund cautioned that rising U.S. tariffs could weaken global economic growth and increase inflation, urging for reduced trade barriers

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