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White House chief economic adviser Larry Kudlow. Photo: Nicholas Kamm/AFP/Getty Images

Hours after President Trump's chief economic adviser Larry Kudlow told reporters that the 90-day trade war truce between the United States and China — with the Trump administration postponing a planned tariff increase — will begin Jan. 1, the White House issued a correction stating that the truce began December 1.

The big picture: Kudlow wasn't able to confirm President Trump's claim Sunday that China will lower tariffs on American cars from 40% to 0%. He added that he expects China to roll back tariffs on U.S. agriculture very soon. However, it's worth noting that U.S. Trade Representative Robert Lighthizer — not Kudlow — will be the lead negotiator as the two countries attempt to resolve more fundamental disagreements on forced technology transfers, intellectual property theft and other issues in the coming months, per the Wall Street Journal.

Editor's note: This post has been updated to reflect the White House's correction to Larry Kudlow's comments — that the truce began on Dec. 1, 2018, not Jan. 1, 2019.

Go deeper

Liz Cheney: Americans deserve better than choice of Biden or Trump

Rep. Liz Cheney talks with Lesley Stahl on CBS' "60 Minutes." Photo: CBS News

Rep. Liz Cheney (R-Wyo.) told CBS' "60 Minutes" in an interview broadcast Sunday that Americans "deserve better than having to choose between" President Biden's "disastrous" policies and former President Trump, "who violated his oath of office."

Why it matters: Cheney made the remarks after CBS' Lesley Stahl put it to her in the interview that Republicans feel that her joining the House select committee in charge of investigating the Jan. 6 U.S. Capitol riot helps "keep the focus on Trump instead of on the shortcomings of the Biden administration."

5 hours ago - Politics & Policy

First look: The LCV's $4M ad buy

A screenshot from a new League of Conservation Voters ad supporting Rep. Stephanie Murphy.

The League of Conservation Voters and Climate Power are aiming another $4 million worth of ads at centrist House Democrats, urging them to support the climate provisions in President Biden’s $3.5 trillion budget reconciliation package, Axios has learned.

Why it matters: Progressive groups are trying to counter the onslaught of conservative money pouring into swing districts. Both sides are trying to define Biden’s Build Back Better Agenda and pressure lawmakers to support — or oppose — the legislation scheduled for a vote in the House this week.

5 hours ago - Politics & Policy

Shutdown Plan B

Illustration: Sarah Grillo/Axios

The Senate will hold a futile vote Monday night — just 72 hours before a potential shutdown — on a House-passed bill to fund the government through Dec. 3 and raise the debt limit.

Why it matters: The bill is going to fail. Period. But then comes Plan B: A "clean" continuing resolution — stripped of language about raising the debt limit — that Democrats spent the past week preparing, Axios is told.

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