Wilbur Ross CNBC interview
- Robert Lighthizer will continues to lead China trade talks. Ross doesn't understand why anyone is surprised by this news, because this is his job.
- U.S. has been having talks with China for the last 2 years.
- Believes U.S. economy is very strong.
- President Trump got 'very good assurances' from China President Xi.
- Wants German automakers to increase U.S. production.
- President Trump will not impose auto tariffs on European countries as long as talks are moving forward (BMWYY, VWAGY, FCAU, CARZ).
- No truth to rumors that Ross could leave by the end of the year.