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China will continue to suspend extra tariffs on US vehicles, auto parts

Updated: 2019-04-01 02:44
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Imported vehicles are on display at Meishan Bonded Port in Ningbo, Zhejiang province, March 25, 2017. [Photo/VCG]

BEIJING - The State Council said on Sunday that China would continue to suspend additional tariffs on US vehicles and auto parts after April 1, in a goodwill gesture following a US decision to delay tariff hikes on Chinese imports.

In December, China said it would 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.

The State Council, or China's cabinet, said the move was aimed at "continuing to create a good atmosphere for the ongoing trade negotiations between both sides".

 

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