President Donald Trump on Friday floated cutting tariffs on China to 80 percent ahead of a weekend meeting as he looks to de-escalate the trade war.
Watch White House press secretary Karoline Leavitt’s briefing in our player above.
Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.
WATCH: The impact Trump’s tariffs are already having on global supply chains and U.S. businesses
Leavitt said Friday the U.S. trade deal with the United Kingdom is effectively completed.
When asked why Trump presented a deal on Thursday that wasn’t finished and ready to be signed, Leavitt said: “That’s not true.”
But that’s not quite accurate as Trump himself said the final details still need to be negotiated. She later walked back that statement somewhat by saying that trade deals operate by being announced and then negotiators make sure that the “‘t’s’ have to be crossed and the ‘i’s’ have to be dotted.”
The framework’s origins preceded Trump’s April 2 announcement of broad universal tariffs and British officials hope to find ways to lower Trump’s 10 percent baseline tariff rate.
Leavitt also said Trump is making a “historic return to the Middle East” with his trip next week.
Trump leaves Monday and plans stops in Saudi Arabia, Qatar and the United Arab Emirates. Leavitt said during her briefing with reporters that the White House wants to promote a “proud, prosperous and successful Middle East.”
“This trip ultimately highlights how we stand on the brink of the golden age” for both that region and the U.S., Leavitt said.