New Delhi, Oct. 20 -- US President Donald Trump on Sunday hinted that he was ready to consider lowering tariffs on China, subject to conditions, signalling a potential de-escalation in the trade dispute between Washington and Beijing.

Speaking to reporters on Sunday about tariffs imposed on China, Trump noted that Beijing was paying a "tremendous" amount of money in tariffs, and "they [would] probably like to have it be less".

"We're working on that," the US President said without elaborating, adding that "they [China] have to give us something too."

Trump went on to say that while Beijing also paid a considerable amount of money during his first Presidency, the current outflow from the Chinese exchequer was unprecedented.

"You know t...