Two of the biggest beneficiaries of US president Donald Trump's drive to get China to "play fair" on trade are wealthy Chinese people and German automakers, such as BMW and Mercedes-Benz.
On Tuesday, China confirmed that it plans to lower tariffs on imported passenger cars to 15 percent, from 25 percent. There was a time when this would have been huge news for foreign automakers. But most, including General Motors and Ford, have long since established extensive local production there. Tesla is the exception.
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