China ends tariffs on cars imported from US
Following that incident, China levied tariffs on nearly 80 percent of vehicles made in the US and sold in the People's Republic, with some cars getting nailed with 22-percent import duties. The vehicles included cars and SUVs with 2.5-liter engines and larger, and even affected vehicles from non-US brands like BMW and Mercedes that were built in the US and then shipped to China. The duties were ostensibly enacted after China accused American manufacturers of accepting government subsidies and dumping vehicles into the PRC, harming the country's automotive industry.
The news, while far from meaning an end to the past few years of acrimonious trade relations between the US and China, is at least a sign that those relations might be improving.
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