Economics
‘Tariff Man’ Trump Says He May Extend Truce in China Trade War
- Car tariff deal not signed, Trump economic adviser says
- President said Sunday China ‘agreed’ to reduce auto tariffs
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Donald Trump suggested Tuesday that he could extend a 90-day truce in his trade war with China, while his top White House economic adviser backtracked from the president’s announcement that Beijing had agreed to reduce tariffs on U.S.-made cars.
The developments again called into question the extent of a trade agreement the White House said Trump had struck with Chinese President Xi Jinping over dinner at the Group of 20 summit on Saturday.