China to Continue Suspension of Auto Tariffs
China will continue to suspend tariffs on U.S.-made cars and auto parts past April 1, according to a notice from China’s Ministry of Finance. In December, China originally announced it was suspending additional 25 percent tariffs on U.S. vehicles and…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
parts as a show of good faith as the two countries negotiated a trade deal. The tariff suspension was scheduled to end April 1, but China announced on March 31 that the country would be upholding the suspension to “create a good atmosphere for economic and trade consultations between the two sides,” according to an unofficial translation of the announcement. The Ministry of Finance said it will announce at a later date when the extension will expire.