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China to continue suspending additional tariffs on US vehicles

Sun Mar 31, 2019 07:56 PM
Last update on: Sun Mar 31, 2019 08:02 PM

Reuters, Beijing

Sun Mar 31, 2019 07:56 PM Last update on: Sun Mar 31, 2019 08:02 PM

Newly manufactured cars are seen at the automobile terminal in the port of Dalian, Liaoning province in China on July 9, 2018.

China’s state council said today 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.