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Economy

US launches auto import probe, China says will defend interests

Updated : May 24, 2018 12:39 PM IST

The national security probe under Section 232 of the Trade Expansion Act of 1962 would investigate whether vehicle and parts imports were threatening the industry's health and ability to research and develop new, advanced technologies.
The governments of Japan, China and South Korea said they would monitor the situation, while Beijing, which is increasingly eyeing the United States as a potential market for its cars, added that it would defend its interests.
US launches auto import probe, China says will defend interests
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