China suspends tariff hikes on US cars, auto parts
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December 14, 2018
BEIJING (AP) — China announced a 90-day suspension on Friday of tariff hikes on 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 has indicated it plans to move ahead with the talks despite strains over the arrest of a Chinese technology executive in Can...
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