Reducing tariffs on imported cars means lower prices, and consumers will definitely benefit, but the specific extent of benefits is not determined by tariffs. There are also many factors that influence this.
On the one hand, in addition to tariffs, imported cars also have taxes such as consumption tax and value-added tax. These taxes also account for a huge part of the price of imported cars, especially the consumption tax, which is very important for large-displacement cars. The model levy is much higher than the import tariff. On the other hand, dealers will definitely benefit from the reduction of import tariffs when purchasing, but they will be more flexible in sales pricing. For example, dealers generally increase prices for popular imported models, and most dealers will not do so. The reduction in import tariffs reduces the extent of price increases, so consumers actually benefit from the reduction in import tariffs.
Calls for lowering tariffs on imported cars are becoming increasingly clear. Coupled with the trade friction with the United States, my country will further accelerate the process of reducing tariffs on imported cars. However, judging from the current attitude of the country, our country will not be affected by the unreasonable demands of the United States in the process of adjusting tariffs on imported cars. We will gradually and appropriately reduce tariffs on imported cars in accordance with our own timetable and roadmap for expanding opening up, in order to meet the requirements. The pace of my country's economic development.