KKR's McVey Sees US Tariffs on China Coming Down 20%-30%

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Henry McVey of KKR expects a 20-30% reduction in US tariffs on China following a potential deal between US and Chinese leaders, citing the interdependence of the two nations.

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Henry McVey, KKR Balance Sheet CIO and head of global macro and asset allocation, says the US and China need each other and expects a deal on tariffs when asked on "Bloomberg Open Interest" about the scheduled meeting between US President Donald Trump and Chinese President Xi Jinping in Gyeongju, South Korea. (Source: Bloomberg)

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Original article published by Bloomberg on October 29, 2025.
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