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

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

In a trade war with the United States, China says it will continue to suspend additional tariffs on US vehicles and auto parts.

China’s President Xi Jinping and US President Donald Trump have held talks on its trade war. (Reuters pic)
BEIJING:
China’s state council said on Sunday that China will continue to suspend additional tariffs on US vehicles and auto parts after April 1, in a goodwill gesture to the US decision to delay tariff hikes on Chinese imports.

In December, China said it would temporarily suspend additional 25 percent tariffs on US made vehicles and auto parts for three months, following a truce in a trade war between the world’s two largest economies.

 

 

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