China agreed to Cut and cancel U.S. cars Customs



The US president, Donald Trump, announced that Beijing has agreed to “cut and cancel” customs duties on its imports of US cars, after agreeing with his Chinese counterpart Shi Jinping in Buenos Aires on a truce in the trade war between the two countries.

“China has agreed to reduce and eliminate customs duties on cars exported to it from the United States,” Trump said in a tweet on Twitter on Monday morning. Currently this fee is 40%ยป.


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