In response to Trump’s most recent tariffs on Chinese imports, Beijing hit back with fresh 125 per cent levies on American goods this year.
Trump’s on-again, off-again approach to rolling out tariffs has roiled financial markets, as Washington unveiled steep duties before making carveouts in recent months.
Most recently, the Trump administration temporarily excluded tech products like smartphones from his “reciprocal tariffs,” which include a 125 per cent rate on imports from China.
On Thursday, a White House official told AFP the Trump administration was looking at “streamlining overlap” between tariffs on automobiles, steel and aluminum, as well as those imposed over illicit fentanyl.
But no final decision has been made on any amendments to tariffs on auto imports and parts, the White House added.
