A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing on April 25. Photo: Reuters
China rolling back tariffs on US car imports for three months, in likely boon to American carmaker Tesla as Trump-Xi talks bear fruit
- Beijing temporarily suspends a 25 per cent tariff on 144 cars and auto parts and a 5 per cent tariff on 67 other auto parts
- This is the latest sign that negotiations to defuse the trade war are bearing fruit
Topic |
China economy
A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing on April 25. Photo: Reuters