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China Seeks to Defuse Trade War With Reversals on Cars and Corn

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China Seeks to Defuse Trade War With Reversals on Cars and CornChina also may buy at least 3 million metric tons of American corn, said people familiar with the discussions, who asked not to be named as the information is confidential. The moves come two weeks after President Donald Trump and his Chinese counterpart Xi Jinping agreed to a truce in the trade war at their meeting in Argentina. Trump claimed he won a concession during talks with Xi and said China, the world’s biggest automobile market, would reduce and remove tariffs, a claim that Beijing didn’t immediately confirm.