Mnuchin says China agrees to lower auto tariffs; Beijing silent

THE TRUMP ADMINISTRATION said that China has agreed to remove tariffs on imported automobiles. / BLOOMBERG NEWS FILE PHOTO/ OILAI SHEN
THE TRUMP ADMINISTRATION said that China has agreed to remove tariffs on imported automobiles. / BLOOMBERG NEWS FILE PHOTO/ OILAI SHEN
NEW YORK - U.S. Treasury Secretary Steven Mnuchin said China has agreed to remove tariffs on imported automobiles but declined to detail the specifics of the agreement President Donald Trump announced Monday, jolting global auto stocks. Trump said in an early morning tweet that China agreed to “reduce and remove” tariffs on imported American-made cars, raising…

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