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Excavators process scrap metal near a transport ship in Hong Kong, China, April 23, 2025. REUTERS/Tyrone Siu
The U.S. government is considering cutting its tariffs on Chinese imports in a bid to de-escalate tensions with Beijing, the Wall Street Journal reported on Wednesday.
The China tariffs are likely to come down to between 50% and 65%, the report added citing a White House official.
(Reporting by Pretish M J in Bengaluru)