China has denied any suggestion it's in active negotiations with the administration of U.S. President Donald Trump over tariffs, saying any notion of progress in the matter is as groundless as “trying to catch the wind.”
They also have a dominant position in the global supply chain for raw materials like cobalt and lithium. Good luck developing that EV industry in the US.
They also have a dominant position in the global supply chain for raw materials like cobalt and lithium. Good luck developing that EV industry in the US.