Progress on China tariffs slow but still ‘a good start'

The US-China Business Council — a private nonprofit group made up of more than 200 American companies that do business with China, including General Motors and Ford Motor Co. — also said it would prefer a broadening of tariff exclusions that includes more imported auto parts. “Our members want the tariffs lifted,” Doug Barry, a spokesman for the council, said in a statement to Automotive News. “We understand the administration’s need for leverage … but believe tariffs don’t provide much, if any. Instead, they are a tax on U.S. businesses and consumers that, if ended, would be a boost for the economy.”