Pakistan, May 9 -- WASHINGTON - US President Donald Trump said on Thursday that the 145% tariffs on Chinese goods could be reduced soon, signaling a potential thaw in trade tensions.

Speaking at the White House while announcing a new trade agreement with the United Kingdom, Trump confirmed that the United States and China are set for substantial trade talks this weekend in Switzerland. He called the upcoming meeting "friendly" and suggested progress could lead to lower tariffs.

"You can't get any higher. It's at 145, so we know it's coming down," Trump said when asked if he would consider reducing the levies. "I think they have a lot to gain," he added, expressing optimism about the talks.

Top officials from both sides will attend the ...