US President Donald Trump claimed China had agreed to “reduce and remove” tariffs on American-made vehicles in a Tweet, although the mainland did not confirm the statement and his advisers were left scrambling for an explanation. Photo: AFP
China’s car sales drop for sixth straight month with November’s 18 per cent decline a further sign of slowing economy
- Annual figures for 2018 look set to show a first decline in at least two decades
- BMW AG and Daimler AG have already warned about lower profits, while Jaguar Land Rover have been forced to temporarily close a factory
Topic |
China economy
US President Donald Trump claimed China had agreed to “reduce and remove” tariffs on American-made vehicles in a Tweet, although the mainland did not confirm the statement and his advisers were left scrambling for an explanation. Photo: AFP