China and the United States decided to stop upgrading tariffs

1w ago

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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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