President Donald Trump suggested that tariffs on Chinese goods should be slashed to 80%.The rate would still be high but would be a dramatic reduction from the 145% the US has imposed.Just two days ago,

The meeting is the strongest sign yet that the world's two biggest economies are ready to de-escalate their trade war.

Trump proposed to lower tariffs on Chinese imports to 80% from 145% on eve of negotiations with the country's third-largest trading partner.