New Delhi, June 13 -- U.S. President Donald Trump appears to be looking for a way out to exit from his aggressive tariff policy, especially toward China, according to a recent report by Jefferies.

The report suggests Trump could adopt a flat 10 per cent tariff across the board on all imports and raise tariffs on Chinese goods slightly higher to 20 per cent.

Jefferies said, "Trump is looking for an off-ramp from his tariff agenda and that tariffs are likely to end up at a universal 10 per cent across the board, and 20 per cent for China, including the 10 per cent tariff left over from the first Trump administration."

The report mentioned that Beijing has used clever tactics in response to U.S. restrictions. China linked its control over...