SHARE THIS ARTICLE

Two of the biggest beneficiaries of US president Donald Trump's drive to get China to "play fair" on trade are wealthy Chinese people and German automakers, such as BMW and Mercedes-Benz.

On Tuesday, China confirmed that it plans to lower tariffs on imported passenger cars to 15 percent, from 25 percent. There was a time when this would have been huge news for foreign automakers. But most, including General Motors and Ford, have long since established extensive local production there. Tesla is the exception.



Read Article


BMW And Mercedes Benefit Most From Trump's

About the Author

Agent009

User Comments

llaroo
carloslassiter
Truthy
Agent009
TheSteve
TheSteve
TheSteve
CarCrazedinCali
TheSteve
Truthy
TheSteve
Truthy
TheSteve
TheSteve
MDarringer
TheSteve
MDarringer
Truthy
trboaccord
CarCrazedinCali
Bach24
CANADIANCOMMENTS
CANADIANCOMMENTS
Truthy
wilfred
qwertyfla1

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]