Article 6TWYJ How Trump tariffs could upend car markets in Europe, the US and China

How Trump tariffs could upend car markets in Europe, the US and China

by
Jasper Jolly
from US news | The Guardian on (#6TWYJ)

Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales - and Tesla could gain

The internal combustion engine appears to hold a special place in Donald Trump's psyche. During his inauguration speech last week, he made a sacred pledge" to raise US car production to a rate that nobody could have dreamt possible just a few years ago".

Car making and the oil industry - not AI, computer chips, or even cryptocurrencies - were the only two industries the new US president highlighted as he promised to make America a manufacturing nation once again".

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