Detailed text transcripts for TV channel - FOXNEWS - 20181203:09:45:00
Tariff is 40%, he didn't specify when the change will happen or what the new tariff level would be but, of course, as you said this comes as major development following the meeting between chinese president xi jinping and president trump saturday night at g20 summit where they agreed to hold off on tariffs on each other, countries, we haven't though yet heard from chinese government on the cutback of auto tariffs so we will wait for that but we are looking at a strong market rally this morning following the meeting, dow futures up by more than 500 points, nasdaq futures up by 170, s&p 500 futu...