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China may temporarily raising tariffs on imported cars with engines larger than 2.5 liters, which could legally reach up to 25 per cent under World Trade Organisation rules. Key manufacturers likely to be affected by these tariffs include Toyota, Mercedes-Benz, and BMW
China's temporary extra tariffs on imported vehicles and its potential impact on its trade tensions with the US and EU automakers.
The US is advancing its moves to contain China's new-energy sector, as US Treasury Secretary Janet Yellen is reportedly pushing G7 countries to jointly respond to so-called industrial
China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers.
The automaker is working with China's Leapmotor to sell electric vehicles outside of the country