Tesla drops prices in China after the government suspends tariffs

China will temporarily drop a retaliatory 25 percent tariff on imported US cars as the two countries try to work toward a resolution of the recent trade war, Chinese government officials announced on Friday. The government there had tacked that 25 percent tariff onto an existing 15 percent import tax earlier this year as part of the escalation between the two sides.The changes will go into effect on January 1st. As a result, Tesla quickly moved to lower prices on the Model S and Model X by abou