The trade war truce followed months of economic tensions between Washington and Beijing [Kevin Lamarque/Reuters] China has agreed to “reduce and remove” tariffs below the 40 percent level currently in place on US-made vehicles, US President Donald Trump has said, after the two countries agreed to a trade war ceasefire. In a Tweet on Sunday night, Trump said: … Continue reading Trump says China to cut tariffs on US cars after trade war truce US and China have agreed not to increase tariffs and set a 90-day deadline to reach a broader trade deal.