For BMW, Ford, Tesla and many other global automakers, any gains from China’s lower import tariffs, which were almost halved on Sunday, will likely be short-lived as the country is expected to impose a retaliatory levy on U.S.
For BMW, Ford, Tesla and many other global automakers, any gains from China’s lower import tariffs, which were almost halved on Sunday, will likely be short-lived as the country is expected to impose a retaliatory levy on U.S.