China favors US move to delay import tariffs as suspension on additional tariff continues
- Country:
- China
- United States
China's state council said on Saturday that China will continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1, in a goodwill gesture to the U.S. decision to delay tariff hikes on Chinese imports.
In December, China said it would temporarily suspend additional 25 per cent 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.
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