China suspends tariff hikes on $126B of US cars, auto parts
https://apnews.com/87669a6f4b70486fb48c3f5134d18d72
BEIJING (AP) — China announced a 90-day suspension on Friday of tariff hikes on $126 billion of U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth.
The suspension is China's first step in response to President Donald Trump's Dec. 1 agreement to suspend U.S. tariff hikes for a similar 90-day period while the two sides negotiate over American complaints about Beijing's technology policy and trade surplus.
China suspends tariff hikes on $126B of US cars, auto parts
Dec 14, 2018, 1:20pm UTC
https://apnews.com/87669a6f4b70486fb48c3f5134d18d72
> BEIJING (AP) — China announced a 90-day suspension on Friday of tariff hikes on $126 billion of U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth.
> The suspension is China's first step in response to President Donald Trump's Dec. 1 agreement to suspend U.S. tariff hikes for a similar 90-day period while the two sides negotiate over American complaints about Beijing's technology policy and trade surplus.