China suspends tariffs on US auto parts, corn and other goods in new trade truce

China suspends tariffs on US auto parts, corn and other goods in new trade truce

The suspension covers additional tariffs on products including corn and US-made cars and auto parts, the State Council’s Customs Tariff Commission said on its website. Tariffs already in place on other US goods will remain, the council’s statement said. The announcement comes two days after China and the United States agreed to a phase 1 … Read more…