Forex
globalreutersJune 10, 20241 Mins read
Volvo shifting production of Chinese-made electric vehicles to Europe, to avoid tariffs
globalreutersJune 10, 20241 Mins read UK Times (gated) with the report:
- Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the EU will drive ahead with a crackdown on Beijing-subsidised imports
- Volvo is majority-owned by China’s Geely
- moving production of Volvo’s EX30 and EX90 models from China to Belgium to avoid EU tariffs on China-made vehicles
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
Forexlive Americas FX news wrap 17 Jan: US Supreme Court affirms decision to shut TikTok.
US stock indice close higher on the day and have positive returns...
US stock indice close higher on the day and have positive returns for the week
The major US stock indices are closing higher for the day and...
FX Weekly Recap: January 13 – 17, 2025
The market spotlight was mainly on U.S. inflation data that prompted traders...
AUDUSD traded to lowest level since 2020, but bounced. Closing near 100/200 hour MAs
In the above video, I take a look at the technical levels...
Leave a comment