China will continue to suspend extra tariffs on US vehicles, auto parts

//China will continue to suspend extra tariffs on US vehicles, auto parts

China will continue to suspend extra tariffs on US vehicles, auto parts

China’s State Council said on Sunday that the country would continue to suspend additional tariffs on US vehicles and auto parts after April 1, in a goodwill gesture following a US decision to delay tariff hikes on Chinese imports.In December, China said it would suspend additional 25 percent tariffs on US-made vehicles and auto parts for three months, after a truce in a trade war between the world’s two largest economies.The State Council, or cabinet, said Sunday’s move was aimed at …

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-03-31T17:05:23+00:00 March 31st, 2019|Headlines|Comments Off on China will continue to suspend extra tariffs on US vehicles, auto parts