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GLOBALink | German carmakers hit by U.S. tariffs, eye closer China-EU cooperation

Pub Date:25-08-11 09:56 Source:Xinhua

Since April, a sharp hike in U.S. tariffs on EU-made vehicles has dealt a heavy blow to Europe's auto industry, causing steep declines in the profits of Germany's biggest carmakers and prompting them to seek opportunities in Asia. #GLOBALink

Editor:Qin Shuying

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