The government will suspend 25 percent tariffs on 144 US vehicle and auto part items and 5 percent tariffs on 67 auto items between 1 January and 31 March 2019, the Chinese finance ministry said in a statement.
The ministry has also stated that it hopes China and the United States can speed up negotiations to remove all additional tariffs on each other's goods.
The announcement was made after US President Donald Trump and Chinese President Xi Jinping agreed to de-escalate their countries' trade war during a meeting on the sidelines of the G20 summit in the Argentine capital of Buenos Aires.
READ MORE: Kudlow Says China Committed to Lifting 40 Percent Tariffs on US Vehicles
China and the United States have been engaged in a trade war since Trump announced in June that $50 billion worth Chinese goods would be subject to 25 percent tariffs in a bid to fix the US-Chinese trade deficit. Since then, the two countries have exchanged several rounds of trade tariffs.