Question
As described in the news article (https://edition.cnn.com/2018/12/14/business/china-us-auto-tariffs/index.html), after placing additional tariffs on cars in July, China has now decided to reduce these tariffs on a
As described in the news article (https://edition.cnn.com/2018/12/14/business/china-us-auto-tariffs/index.html), after placing additional tariffs on cars in July, China has now decided to reduce these tariffs on a temporary basis for the next three months. What is the purpose of this? What will be the effect? Please evaluate in terms of pros & cons, long-term & short-term effects.
Mullen, J. "China is temporarily slashing tariffs on US auto imports | CNN business."CNN, December 15,2018, edition.cnn.com/2018/12/14/business/china-us-auto- tariffs/index.html.
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