After weeks of an escalating trade war with China the president is now signaling plans to walk back massive tariffs on Chinese imports.

The United States bought $439bn worth of goods from China in 2024 – more than three times the $143.5bn it sold in return. That $295bn gap, known as the trade deficit, is something US President Donald Trump is determined to shrink.

The overall US tariff rate on Chinese imports has risen to 145% according to the White House. Meanwhile, the EU has agreed to hold off on its own counter-tariffs. Follow DW for more.