The Trump administration is considering slashing its steep tariffs on Chinese imports—in some cases by more than half—in a bid to de-escalate tensions with Beijing that have roiled global trade and investment, according to people familiar with the matter.

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

On Thursday, reports circulated that Trump was considering slashing tariffs on China in advance of the early talks, though a White House spokesperson called that "baseless speculation."

The Wall Street Journal reported on Wednesday that the White House is considering slashing tariffs ... the news outlet said that tariffs on imports from China were likely to come down to between ...

Global stocks surged after the US and China slashed tariffs for 90 days, and Brussels is preparing to use capital controls and tariffs against Russia. Plus, OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation.

On Thursday, reports circulated that Trump was considering slashing tariffs on China in advance of the early talks, though a White House spokesperson called that "baseless speculation." Trump himself has offered mixed messaging on whether tariffs would be ...