December 3, 2018 / 4:30 AM / 8 days ago

Trump says China has agreed to cut tariffs on U.S.-made autos

WASHINGTON, Dec 2 (Reuters) - U.S. President Donald Trump said on Sunday that China had agreed to “reduce and remove” tariffs on U.S. cars below the 40 percent level that Beijing is currently charging on American-made vehicles.

A day after he and Chinese President Xi Jinping called a 90-day cease-fire in their trade war to allow time for negotiations, Trump said on Twitter: “China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40%.” (Reporting by David Lawder; Editing by Muralikumar Anantharaman)

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