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China Suspends Tariff Hikes

China says beginning January 1, it will suspend raising tariffs for 90 days on $126-billion in U.S.-made cars, trucks and auto parts. The leaders of the two world powers, Presidents Xi Jinping and Donald Trump, agreed earlier this month to call a truce on their trade dispute. "Suspension of the tariffs is a concrete measure to implement the consensus reached by the two heads of state," the Tariff Commission Office of China's State Council said in a statement. Trump had already agreed to suspend planned U.S. tariff increases on Chinese goods while the countries negotiate. Confusion and anxiety about the tariff plans have roiled stock markets.  ... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, China Suspends Tariff Hikes, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you China Suspends Tariff Hikes

 

 

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Published By: VOA NEWS - Friday, 14 December

 

 

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