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Volkswagen Cuts Profit Forecast on Porsche Write-Down, China Downturn
InfoMoney·DE · US · CN·3 days ago
IG Metall, Germany's largest industrial union, used its day of action to criticize insufficient political support for the automotive industry, specifically calling for EU subsidies and tariffs on Chinese cars. The demand signals growing protectionist pressure in Germany's key sector, potentially influencing EU trade policy. The outcome is uncertain as EU member states remain divided on tariff levels.
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