China delays tariffs on US autos, other goods in trade deal

Fox Business | Dec 15, 2019 at 11:39 AM
  • China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington.
  • Sunday’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and to cut in half penalties that already were imposed.
  • Beijing had planned to impose 25% duties on American-made autos on Sunday.