Trump's economic advisers say China has not agreed to slash auto tariffs, despite Trump's tweet
President Trump's awkwardly-phrased "BIG leap forward" with China on trade got a little smaller on Monday, as his economic team said that contrary to a Trump tweet on Sunday night, China did not agree to "reduce and remove tariffs on cars coming into China from the U.S." China raised tariffs on U.S. auto imports to 40 percent, from 15 percent, in retaliation for Trump's tariffs on Chinese goods. Trump and Chinese President Xi Jinping agreed to a temporary truce on Saturday night. Getting auto tariffs down to zero is aspirational, Trump's advisers said.
"We don't yet have a specific agreement on that, but I will just tell you ... we expect those tariffs to go to zero," Larry Kudlow, Trump's top economic adviser, told reporters Monday. Treasury Secretary Steven Mnuchin said "there is an immediate focus on reducing auto tariffs," but "there's a lot of work to be done over the next 90 days." Trump's top trade adviser, Peter Navarro, said auto tariffs "certainly came up in discussions" with China, but "that's just one of the many tariffs that have to be reduced."
Trump's trade talks with China, with more tariff hikes paused for 90 days, and his push for a skeptical Congress to ratify his revised NAFTA agreement with Canada and Mexico, "are at the center of the White House's agenda and could have profound implications for the global economy if negotiations collapse," The Washington Post notes. "At the same time, they are also fraught with confusion and ambiguity, complicating urgent timelines set by Trump." You can read Jeff Spross' anaysis of Trump's China truce at The Week.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Spiralism is the new cult AI users are falling intoUnder the radar Technology is taking a turn
-
Can for-profit geoengineering put a pause on climate change?In the Spotlight Stardust Solutions wants to dim the sun. Scientists are worried.
-
Codeword: November 25, 2025The daily codeword puzzle from The Week
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
