this post was submitted on 03 Jul 2024
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Automotive Industry

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German car industry urges EU to drop tariffs on China-made cars (www.reuters.com)
submitted 1 year ago* (last edited 1 year ago) by schizoidman@lemmy.ml to c/automotive@discuss.tchncs.de
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[–] RedditWanderer@lemmy.world 3 points 1 year ago

The association said in a statement on Wednesday the tariffs would hurt European and U.S. carmakers exporting from China and risked retaliation by China with counter-tariffs, which would hit the German industry hard given its high volume of exports to China.