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 president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.

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