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Trade war

Trump says China has agreed to cut tariffs on US-made autos

President's tweet does not reveal how much Beijing will reduce 40% rate

A worker inspects imported cars at a port in Qingdao, Shandong province in China.    © Reuters

WASHINGTON (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%."

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