Automakers perspiring after China declares 25-percent tariff on U.S. autos
The trade war between the United States and China warmed up again Friday, with the People’s Republic pulling a U-turn on its treatment of U.S.- built vehicles. Come mid-December, China will hit inbound U.S. vehicles with a 25-percent tariff. Auto parts will see a 5-percent tariff. The new — well, resurrected — auto tariffs are…