The parent company of Swedish automaker Volvo has postponed its planned initial public offering.
Chinese car giant Geely is worried that President Trump's trade war could impact Volvo's valuation.
Business Insider says Volvo's IPO would have been the largest in Sweden in 17 years.
The Financial Times reports Geely paused plans for an IPO that valued Volvo at $30 billion.
The US consultation period on the introduction of fresh tariffs on $200 billion of Chinese goods ended.
Chinese car giant Geely is worried that President Trump's trade war could impact Volvo's valuation.
Business Insider says Volvo's IPO would have been the largest in Sweden in 17 years.
The Financial Times reports Geely paused plans for an IPO that valued Volvo at $30 billion.
The US consultation period on the introduction of fresh tariffs on $200 billion of Chinese goods ended.
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