Trump's Attitude Toward China Softens! Admits US Tariffs on Chinese Imports Are Too High, Expected to Be Significantly Reduced. US President Trump delivered a speech on Tuesday, April 22, acknowledging that the current US tariffs on Chinese imports are excessively high and are expected to be substantially reduced. This marks a softening in Trump's stance on his signature tariff policy. On the same day, US Treasury Secretary Besant also stated at a J.P. Morgan event that the tariff war between the US and China would soon cool down.