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Volkswagen CEO Warns of Potential Retaliatory Tariffs from China Amid Global Trade Tensions

Volkswagen CEO Warns of Potential Retaliatory Tariffs from China Amid Global Trade Tensions
8 months ago

The escalating trade tensions between Europe and China have caught the attention of Volkswagen AG, one of the world's leading automobile manufacturers. According to a recent report by Bild, Volkswagen's Chief Executive Officer, Thomas Schäfer, has expressed concerns over the possibility of China imposing retaliatory tariffs, a move that could significantly impact the global automotive industry.

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