China imposes $23.6 million fine on Ford amid Trump’s trade war

China on Wednesday imposed a $23.6 million fine on US auto giant Ford’s joint venture with Changan Automobile for “price fixing” in the latest incident of Beijing targeting an American company amid a festering trade war. The fine, amounting to four percent of Changan Ford Automobile’s sales in the southwestern city of Chongqing, was levied […]

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