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Volvo cars drop IPO due to trade tensions

Monday, September 10, 2018 - 01:47

China will respond if the United States takes any new steps on trade, the foreign ministry has warned, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. As Sonia Legg reports, Chinese carmaker Geely is reportedly delaying plans to list Volvo Cars due to uncertainties created by escalating trade tensions.

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China will respond if the United States takes any new steps on trade, the foreign ministry has warned, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. As Sonia Legg reports, Chinese carmaker Geely is reportedly delaying plans to list Volvo Cars due to uncertainties created by escalating trade tensions.

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Volvo cars drop IPO due to trade tensions

Monday, September 10, 2018 - 01:47