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Trump says China to cut tariffs on U.S.-made autos after trade war truce

Monday, December 03, 2018 - 01:50

China has agreed to ''reduce and remove'' tariffs below the 40 percent level that Beijing is currently charging on U.S.-made vehicles, U.S. President Donald Trump said, as a trade war truce between the two countries gathers pace, cheering markets. As Sonia Legg reports, Trump and Chinese President Xi Jinping agreed to hold off on new tariffs during talks in Argentina on Saturday.

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China has agreed to "reduce and remove" tariffs below the 40 percent level that Beijing is currently charging on U.S.-made vehicles, U.S. President Donald Trump said, as a trade war truce between the two countries gathers pace, cheering markets. As Sonia Legg reports, Trump and Chinese President Xi Jinping agreed to hold off on new tariffs during talks in Argentina on Saturday.

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Trump says China to cut tariffs on U.S.-made autos after trade war truce

Monday, December 03, 2018 - 01:50