Volkswagen is negotiating directly with the U.S. government to ease tariffs in exchange for deeper investment commitments.
U.S. President Trump has delayed a proposed 50% tariff on EU imports, giving both sides until July 9 to strike a trade deal.
China has condemned US President Donald Trump's latest tariff threat, vowing to retaliate if Washington follows through with a proposed 50% hike on Chinese imports, as tensions between the world’s two largest economies continue to escalate.
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