Sources: China said to cut import duty on cars to 15 percent - Bloomberg

Dhwani Mehta FXStreet

Bloomberg quoted unnamed sources with the knowledge of the matter, as saying that China is said to cut the import duty on passenger cars to 15 percent from 23 percent.

This comes after some unnamed sources said that the US-China trade deal is likely to include a pledge to remove tariffs on US agricultural products.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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