China cuts import duty to 15% in boost for BMW, Tesla, Mercedes, Porsche

China cuts import duty to 15% in boost for BMW, Tesla, Mercedes, Porsche https://ift.tt/2GEDI04 will cut the import duty on passenger cars to 15 percent from the current 25 percent, in a boost to foreign automakers, just as the immediate threat of a trade war with the United States recedes.