President Donald Trump remains firm that the United States is not going to unilaterally reduce tariffs on Chinese goods without concessions from China, the White House said on Friday, hours after Trump floated the idea of reducing the current rate of 145% down to 80% as the two sides prepare for talks between in Switzerland.

President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to de-escalate the trade war. 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.