China considering lowering tariffs on US car imports - China Daily

Dhwani Mehta FXStreet

According the Chinese official newspaper, China Daily, the Chinese authorities are considering lowering the tariffs on the cars they import from the US.

This comes after the US President Trump tweeted: “China has agreed to reduce and remove tariffs on cars coming into China from the US. Currently the tariff is 40%.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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