Sunday, March 16, 2025 | 11:38 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Trade war: Trump administration wants China to cut tariffs on imported cars

The Wall Street Journal first reported the demands from US officials, saying they came in a letter sent to Beijing last week

Trump
Premium

US President Donald Trump stands between US Secretary of Housing and Urban Development Ben Carson (left) and Issac Newton Farris before signing a proclamation to honour Martin Luther King Jr day on Friday

Reuters
Top Trump administration officials are asking China to cut tariffs on imported cars, allow foreign majority ownership of financial services firms and buy more US-made semiconductors in negotiations to avoid plans to slap tariffs on a host of Chinese goods and a potential trade war.
 
A person familiar with the discussions said these were among the asks from Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer as they pursue talks with Beijing.
 
The Wall Street Journal first reported the demands from US officials, saying they came in a letter sent to Beijing last week.
 
White

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in