China will continue to suspend extra tariffs on US vehicles, auto parts

A man drives a red car past a parking lot where large numbers of newly manufactured cars are parked at Dayaowan port of Dalian, Liaoning province June 10, 2012. [REUTERS/Stringer]

China’s State Council said on Sunday that the country would continue to suspend additional tariffs on US vehicles and auto parts after April 1, in a goodwill gesture following a US decision to delay tariff hikes on Chinese imports.

In December, China said it would suspend additional 25 percent tariffs on US-made vehicles and auto parts for three months, following a truce in a trade war between the world’s two largest economies.