Beijing’s threat to hike import tariffs to challenge key U.S. brands in China
Auto May 23, 2024, 0 Comment 11Beijing may raise tariffs to 25 percent from 15 percent on imported vehicles with engine sizes above 2.5 liters, the China Chamber of Commerce to the EU said this week, posing a threat to Detroit’s efforts to sell its most profitable vehicles in the biggest car market.
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