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China will Continue to Suspend Extra Tariffs on U.S. Vehicles, Auto Parts

Apr 01 , 2019

China’s State Council said on Sunday that the country would continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1, in a goodwill gesture following a U.S. decision to delay tariff hikes on Chinese imports.

In December, China said it would suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts for three months, following 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 “continuing to create a good atmosphere for the ongoing trade negotiations between both sides”. 

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