President Donald Trump responded to a conciliatory note from President Xi Jinping on trade tariffs.
“Very thankful for President Xi of China’s kind words on tariffs and automobile barriers … also, his enlightenment on intellectual property and technology transfers,” Trump wrote on Twitter. “We will make great progress together!”
Very thankful for President Xi of China’s kind words on tariffs and automobile barriers…also, his enlightenment on intellectual property and technology transfers. We will make great progress together!
— Donald J. Trump (@realDonaldTrump) April 10, 2018
Jinping promised Tuesday to “significantly lower” tariffs for automobiles and to do more to protect intellectual property after President Donald Trump complained about China’s unfair practices:
When a car is sent to the United States from China, there is a Tariff to be paid of 2 1/2%. When a car is sent to China from the United States, there is a Tariff to be paid of 25%. Does that sound like free or fair trade. No, it sounds like STUPID TRADE – going on for years!
— Donald J. Trump (@realDonaldTrump) April 9, 2018
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