BANGKOK — Great Wall Motor has a strategy to boost exports to countries other than the U.S. as President Donald Trump’s 25% tariffs on foreign-made cars come into effect, says the president of the Chinese automaker’s global division.
“Trump’s policy to raise import tariffs on foreign-made cars will be a big challenge for the company and other global car manufacturers as it could significantly reduce car exports to the U.S.,” Parker Shi, president of GWM International, said in an interview on Tuesday, two days before Trump’s tariffs are set to begin.
