President Donald Trump speaks in the Oval Office of the White House. (AP)

US tariffs on Chinese imports of around 55% are a “good status quo,” but the Trump administration would like to find areas where bilateral trade could increase more freely, US Trade Representative Jamieson Greer said on Tuesday.

Greer’s comments at the Economic Club of New York indicated no immediate move towards lowering President Donald Trump ’s tariffs on Chinese goods ahead of a November 10 deadline for the expiration of a trade truce between the world’s two largest economies.

“If you ask the president, ‘Do we have a deal with China?’ He would say, ‘Yeah, this is our deal. I’ve got 55% tariffs on it. That’s the deal.’ So that is a good status quo,” Greer said.

But he said he wanted to continue regular discu

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