China Says To Suspend Extra Tariffs On US Cars, Parts

Fahad Shabbir (@FahadShabbir) Published December 14, 2018 | 06:21 PM

China says to suspend extra tariffs on US cars, parts

China announced Friday it will suspend extra tariffs added to US-made cars and auto parts for three months starting on January 1 as part of the trade war truce with the United States.

Beijing, (UrduPoint / Pakistan Point News - 14th Dec, 2018 ) :China announced Friday it will suspend extra tariffs added to US-made cars and auto parts for three months starting on January 1 as part of the trade war truce with the United States.

Beijing raised tariffs on American-made cars and auto parts this summer by 25 percent in retaliation for US tariffs on $50 billion of Chinese goods.

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