China knows what it's doing in negotiations with President Donald Trump on trade. It's a flashy move that would let the United States claim a win. When a car is sent to the United States from China, there is a Tariff to be paid of 2 1/2%. When a car is sent to China from the United States, there is a Tariff to be paid of 25%. They temporarily appease the United States, and they make it look like China is taking steps to become a team player on global trade, he said.

Source: CNN May 22, 2018 20:37 UTC