The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
China enfrenta un panorama económico complicado, pero su dependencia de los mercados estadounidenses se ha reducido y parece estar tomando medidas para el crecimiento interno.
The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.
España se está forjando un camino como país “conector”, atrayendo inversiones chinas mientras evita posicionarse sobre los aranceles europeos a los vehículos eléctricos.
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China.
Spain is forging a path as a “connector” country, drawing Chinese investment as it abstained from taking a position on European tariffs on electric cars.
Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.
Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a threat to also hit pork and car imports.
Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a threat to also hit pork and car imports.
European Union officials say the duties are meant to protect the region’s automakers from what they say are unfair trade practices in China.