US Trade Rep Lighthizer: looking at all possible tools to equalize China tariffs

US Trade Representative Robert Lighthizer is crossing wires in the early Thursday overnight session, highlighting the trade administrations' role in finding a way to reduce frictions on consumers in the US-China trade war build-up spurred on by rising tariffs.

Key highlights

According to Lighthizer, the trade department is examining all of its available tools to bring US auto tariffs and Chinese retaliatory restrictions, back on-balance.

According to Lighthizer, it will take some work to get US auto tariffs completely balanced out with tariffs coming from China.