The German government is working to prevent the European Union's new tariffs on Chinese electric vehicles from coming into force — or at least soften them should a full halt not be possible, according to people familiar with the matter.
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By:
Bloomberg
June 14, 2024 06:07 AM
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Trump’s autos tariff relief aimed at reshoring production to U.S., Lutnick says
Automakers would receive credits for up to 15 percent of the value of vehicles assembled in the U.S. that could be applied against the value of imported parts.
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