Wednesday, 5 June 2019

UPDATE 2-U.S. rejects GM, Volvo tariff relief requests for China-made SUVs

UPDATE 2-U.S. rejects GM, Volvo tariff relief requests for China-made SUVsWASHINGTON/STOCKHOLM, June 5 (Reuters) - The United States has rejected separate requests from General Motors Co and Chinese-owned Volvo Cars for an exemption to a 25% U.S. tariff on their Chinese-made sport utility vehicle models. GM, the largest U.S. automaker, and Sweden's Volvo both said they were aware of the respective denials of their nearly year-old petitions.




from Yahoo News - Latest News & Headlines https://yhoo.it/2HTvXam

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