Moneymoney

Fri Dec 14, 2018, 02:09 PM

China will suspend 25% car tariff for 90 days.

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.

Citing the meeting earlier this month between US President Donald Trump and Chinese leader Xi Jinping, the Chinese Finance Ministry said in a statement that it will remove the additional 25% tariffs on car imports from the United States for three months starting January 1. That will bring China'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.

https://www.newschannel5.com/news/national/china-is-temporarily-slashing-tariffs-on-us-auto-imports

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Response to uncledad (Original post)

Fri Dec 14, 2018, 02:12 PM

1. Aww, that is so nice of china to do that after having done that for decades...

"China will suspend 25% car tariff for 90 days"

...but do keep believing that all the chinese tariffs on US goods started under Trump.

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Response to quad489 (Reply #1)

Fri Dec 14, 2018, 02:14 PM

2. The 15% tariff on cars imported from the US remains intact.

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Response to uncledad (Reply #2)

Fri Dec 14, 2018, 02:18 PM

3. And that negates how china has had 25% tariffs on US cars for decades, how...???

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Response to quad489 (Reply #3)

Fri Dec 14, 2018, 03:17 PM

4. Not the subject of the article.

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Response to uncledad (Reply #4)

Fri Dec 14, 2018, 11:52 PM

5. LOL, deflecting away from your topic of China's tariffs.................LOL!!!.

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Response to quad489 (Reply #5)

Fri Dec 14, 2018, 11:58 PM

6. No. The article is specific to a tariff reduction for the current trade talks.

You might be happy with trump's getting Xi to come to the table with an offer to reduce the dispute.

Other wise you're spinning your wheels. lol and have a good night

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Response to uncledad (Reply #6)

Sat Dec 15, 2018, 12:42 AM

7. Your TDS is confirmed....

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