Trump suggests cutting China tariffs to 80%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 09 2025
0mins
Source: SeekingAlpha
Trade Talks and Tariff Reduction: U.S. Treasury Secretary Scott Bessent is set to discuss trade with Chinese officials, while President Trump suggested reducing tariffs on China from 145% to 80%, emphasizing the need for China to open its markets to American goods.
Market Reactions and Future Deals: The Chinese yuan slightly increased against the U.S. dollar amid these discussions, and Trump hinted at additional beneficial trade deals in progress.
Analyst Views on GXC
Wall Street analysts forecast GXC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GXC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 102.660
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Current: 102.660
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
