Hong Kong (CNN Business) China said Friday it will temporarily reduce tariffs on imports of American-made cars as it tries to negotiate a trade deal with the United States. China's tariffs on American-made cars to 15%, in line with those for cars made in other countries. That will bringChina's tariffs on American-made cars to 15%, in line with those for cars made in other countries. China also said it would suspend its 5% tariff on 67 other auto parts. China imposed the additional tariffs on US cars in July and on some auto parts in September as part of its retaliation in the trade war between the two countries.
Source: CNN December 14, 2018 11:39 UTC