Euphoric stock markets celebrated the China-U.S. trade truce by marking record h...
), to the involvement of China’s Huawei in building 5G networks and different approaches to tackling Iran’s nuclear program.
Tariffs would be an additional blow as carmakers struggle with an auto industry downturn, particularly in key market China, and the need to increase electric vehicle investment as several countries move to eventually ban combustion engines. Last year, they fell 17% while the broader European Stoxx 600 index had its best year in a decade with a 23% rise., the export oriented index of Europe's largest economy, plunging to a 10-year low relative to the index.
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