Wednesday, May 22, 2019

China's GAC Motor delays U.S. entry on trade frictions

China's GAC Motor delays U.S. entry on trade frictions http://bit.ly/2VS1guO

China's GAC Motor had an aggressive goal to sell cars in the U.S. in early 2020 but is now postponing that target as tariffs threaten to make the importing of cars from China more expensive. The company cited "the escalation of China-U.S. trade frictions" and distribution "uncertainties."

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