Commerce Secretary Howard Lutnick has tried to downplay economic concerns as the U.S. and China engage in trade talks.

President Trump opened the door to lowering tariffs on China as U.S. and Chinese officials prepare to meet this weekend.

US tariff won’t dip below 10% for the “foreseeable future,” Commerce Secretary Howard Lutnick said Sunday. President Trump slapped at least that rate against virtually every country last month, and his team has been hashing out lightning trade arrangements with foreign nations in their wake ever since.

Trump and his aides have sent mixed signals about an idea that runs counter to decades of Republican orthodoxy.

U.S. President Donald Trump said on Friday he was "OK" with raising taxes on the wealthiest Americans, as his fellow Republicans consider scaling back the scope of the ambitious tax-cut package they aim to pass this year.