China assures Tesla, other U.S. companies over tariff retaliation

China assures Tesla, other U.S. companies over tariff retaliation China assures Tesla, other U.S. companies over tariff retaliation

TOKYO — China convened a roundtable meeting with representatives from U.S.-tied companies and argued that its countermeasures against U.S. President Donald Trump’s tariffs were intended to safeguard the rights and interests of all companies, including American ones.

State media on Monday reported that Vice Minister of Commerce Ling Ji told officials from about 20 companies — including electric vehicle maker Tesla and GE HealthCare — that Trump’s tariffs undermine the rules-based multilateral trading system and infringe on all other countries’ interests.