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China's latest move on trade is a massive cut to car tariffs

Retrieved on: 2018-05-21 19:47:01

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<div>China will cut the import duty on passenger cars to 15 percent, further opening up a market that's been a chief target of the U.S. in its trade fight with the world's second-largest economy. The Finance Ministry said Tuesday the levy will be lowered effective July 1 from the current 25 percent that has been ...</div>

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