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Trump: If China and the U.S. cannot reach a long-term protocol, tariffs will rise significantly.
According to CNBC, Trump stated on Monday morning that even if a long-term agreement cannot be reached after the 90-day suspension period expires, tariffs on China will not be restored to 145%, but will rise significantly. The United States also stated that it will retain tariffs imposed on certain Chinese products such as steel and aluminum before early April.