The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.

As high-stakes U.S.-China trade talks approach, President Donald Trump on Friday morning signaled a dramatic potential shift in policy, floating the idea of an 80% tariff on Chinese imports.

In the wake of a 90-day suspension of most tariffs between the U.S. and China, President Donald Trump stated that he engaged in talks with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. What Happened: Trump revealed that Cook intends to