Auto stocks are surging after Trump says China will 'reduce and remove tariffs' on US cars

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Auto stocks are surging Monday after President Donald Trump tweeted on Sunday that China will cut tariffs on cars imported from the US.

 

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Auto stocks are surging after Trump says China will 'reduce and remove tariffs' on US cars! Trump winning again? Trump2020

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Trump tweets China to cut tax on U.S.-made cars, revs up auto stocksU.S. President Donald Trump said China had agreed to cut import tariffs on Ameri... Back to where it was before the tariff war.
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Trump tweets China to cut tax on U.S.-made cars, revs up auto stocksWASHINGTON/SHANGHAI (Reuters) - U.S. President Donald Trump said China had agreed to cut import tariffs on American-made cars, buoying shares in BMW and Daimler AG who manufacture in the United States for export to the world's biggest auto market. Shares of Chinese car dealers also perked up on Cut by how much? Imagine trying to operate a corporation in this environment. This is the result of a mentally ill pathological liar determining us trade policy.
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