China and the United States decided to stop upgrading tariffs

1w ago


Trump said two hours ago that China has agreed to reduce and cancel tariffs on cars produced in the United States. The current tariff is 40%. If the news is true, it will be a major benefit for some brands and parallel importers, such as Tesla, Lincoln, Mercedes, BMW and so on. On July 6 this year, China began to impose a 25% tariff on American-made cars, with tariffs reaching 40%.

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