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China to Suspend Further Tariffs on U.S.-Made Cars

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China’s finance ministry said Friday it will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019. The government will suspend 25 percent tariffs on 144 U.S. vehicle and auto part items and 5 percent tariffs on 67 auto items between Jan. 1 and March 31, 2019, the ministry said in a statement on its website. The Ministry of Finance also said it hopes China and the United States can speed up negotiations to remove all additional tariffs...

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