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".

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. Also Read | Trump urged to attend Quad Summit in India to counter China: ‘Serious challenge’

"You know they [China] paid a lot during my first administration, my first term. Now, they're paying an unbeli

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