Trump Floats 80% China Tariffs And ‘Many' Other Deals—As U.S. And China Prepare For Trade Talks

1. Trump suggests lowering tariffs on Chinese goods from 145% to 80%. 2. Current U.S. tariffs are still significantly higher than pre-trade war levels. 3. Futures for the S&P 500 rose 0.4% amid news of potential trade deal progress. 4. U.S. imported $438.9 billion from China last year, creating a large trade deficit. 5. Goldman Sachs projects tariffs to still be 54 percentage points higher post-negotiations.