DETROIT (CBS Detroit/ AP) – Reports say U.S. – China trade war is to blame for a delay for GAC Motor to enter the American market.
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You Jun, president of GAC Motor said the dispute is a factor in moving its U.S. product launch from the end of this year to the first half of 2020.
At its fifth Detroit show, GAC unveiled a concept called the Entranze. The “hyper family car” comes from GAC’s Los Angeles design center, one of three such U.S. facilities.READ MORE: Krispy Kreme Is Giving Out Free Donuts To Graduating Seniors
President Donald Trump imposed tariff increases of up to 25 percent on $250 billion of Chinese imports over complaints Beijing steals or pressures companies to hand over technology. President Xi Jinping responded by imposing penalties on $110 billion of American goods.
A December agreement postponed further increases.MORE NEWS: AG Nessel Issues Consumer Alert On Over-The-Counter Hearing Aids
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