China to Halt Additional Tariffs on US-Made Cars Amid Trade War Truce

China to Halt Additional Tariffs on US-Made Cars Amid Trade War Truce
Cars are seen in a parking lot in Palm Springs, California, U.S. on April 13, 2015. Lucy Nicholson/Reuters
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BEIJING—China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Dec. 14, following a truce in a trade war between the world’s two largest economies.

“This is a good signal that China and the United States are on track to solve the trade war,” said Wang Cun, director of the China Automobile Dealers Association’s import committee. “Car makers might be ordering a large number of imported cars now.”