April 25, 2018 / 3:18 AM / 5 months ago

AUTOSHOW-China carmaker GAC says trade war could hurt plans to enter U.S. market

BEIJING, April 25 (Reuters) - Chinese automaker Guangzhou Automobile Group Co Ltd (GAC) said on Wednesday that a brewing trade war between China and the United States could hurt the firm’s plans to break into the U.S. market if tariff barriers were raised.

Feng Xingya, GAC Group president, told reporters at the Beijing auto show that increased U.S. tariffs on imported Chinese vehicles would have a “significant” impact on plans to break into the United States by 2019. (Reporting by Pei Li in BEIJING; Writing by Adam Jourdan and Stephen Coates)

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