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Starting Today, China Slaps Tariffs On U.S.-Made Vehicles

Old Dec 15, 2011 | 09:20 AM
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Default Starting Today, China Slaps Tariffs On U.S.-Made Vehicles

Car shoppers in China got an unpleasant surprise this morning: the Chinese government announced plans to impose tariffs of up to 22% on all vehicles made in the U.S., starting today. U.S. auto manufacturers aren't especially happy about the news either -- not only because it makes their vehicles more expensive for Chinese consumers, but also...
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Last edited by Jazz; Dec 16, 2011 at 05:05 AM.
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