China agrees to reduce tariffs on US car imports - says Donald Trump

  • Donald Trump, President of United States announced on twitter that Beijing will soon reduce and remove 40% of tariffs on the US car exports to China. The details were not provided, and China hasn't yet commented on the declaration on the social media platform. President Trump and Xi Jinping have discussed regarding the trade in the G20 summit held in Buenos Aires, Argentina. The trade war that witnessed the US and China hit each other with escalating tariffs. The truce may prevent the rise of anymore tariffs, although this has not been officially confirmed.

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