U.S. President Donald Trump said on Thursday he expects there to be substantive negotiations between the United States and China on trade this weekend and predicted that punitive U.S. tariffs on Beijing of 145% would likely come down.

Key Takeaways President Donald Trump said that this weekend’s meetings between U.S. and Chinese officials on trade and economic issues could be “very substantive."This weekend’s meeting is the first between the two countries since Trump imposed a 145% tariff on Chinese goods,

With time running out on his 90-day tariff pause, Donald Trump and his team have yet to announce a new trade agreement.