

PDB Afternoon Bulletin | April 23rd, 2025: Trump Signals De-Escalation In Tariff War With China & Zelensky Rejects White House Plan To Cede Crimea To Russia
5 snips Apr 23, 2025
In a significant turn, President Trump is contemplating substantial tariff cuts on China, signaling a possible easing of the trade war. Meanwhile, Ukrainian President Zelensky firmly rejects a contentious U.S. peace proposal on Crimea, deeming it unconstitutional. This stark dismissal underscores the complexities in U.S.-Ukrainian relations, especially as the Biden administration faces pressure amidst talks that some fear may compromise Ukraine's sovereignty. Tensions are rising as negotiations unfold against the backdrop of international diplomacy.
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Trump Signals Tariff De-Escalation
- Trump is signaling a move to substantially reduce tariffs on China, indicating possible de-escalation of the trade war.
- This shift has already sparked optimism in financial markets anticipating a resolution to the economic conflict.
Tiered Tariff Approach Proposed
- The U.S. considers a tiered tariff approach, lowering tariffs on non-security items but heavily taxing those deemed strategic.
- China's response is cautious optimism, willing to negotiate if the U.S. stops economic threats.
Zelensky Rejects Crimea Peace Proposal
- Zelensky rejects U.S. peace proposal recognizing Russia's hold on Crimea, citing it as unconstitutional.
- The proposal risks undermining U.S. support and complicating peace talks by demanding Ukrainian capitulation to Russia.