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China Cuts Tariffs On Autos, Possibly Easing Trade Tensions With U.S.

China is cutting tariffs on vehicles from the U.S. and other countries after President Trump railed against the imbalance in trade tariffs. The cuts could help German automakers as well as Tesla.
Customers look at Tesla cars at a showroom in Hangzhou in China's eastern Zhejiang province on April 4. The cut in Chinese auto import tariffs could help Tesla, which has been looking to break into the Chinese market.

Updated at 3:18 p.m. ET

China is cutting tariffs on vehicles from the U.S., but the biggest benefits could go to German automakers — and Tesla, the American electric-car maker.

Chinese President Xi Jinping signaled in a speech last

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