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Hence the litmus test. If China cuts car tariffs, without demanding that US end its tariffs, we can conclude Xi has buckled. But if US cancels its tariffs at the same time, it'll sure look like past six months of tit-for-tat battle have just brought us back to square one. (3/3)
Realistically, how big of a deal are car tariffs for the us anyways? If china eliminated all tariffs on us made cars it's unclear to me how many more we'd export. We're not South Korea or Japan and the Ford f-150 doesn't seem like it'd be a big hit in super dense china.
