Reply To: Will Trump’s proposed 25% car tariffs reduce choice of Motability car?

#300139
kezo
Participant

    I am by no means an economist of any sort…

    Neither is Rach from accounts and neither am I 😂

    Germany for instance, as the ones with most to loose, is most likely to sell in the US and use other markets to soften the tariff blow by increasng prices. A trade war amongs’t european manufacturers won’t end well and any trade war with China above what already exists, will without a doubt see tariff retalliate harder, which could impact supplies such as battery cells european manufacturers use in their EV’s for example.

    EU Commissioner for Trade and Economic Security is today and tomorrow in China to foster a more balanced and cooperative trade relationship between the EU and China, with a focus on reciprocity, transparency, and mutual benefit on an understanding european manufacturers have a huge pressance in China especially the likes of VW.

    There is unlikely to a seismic shift towards China but, closening ties are guaranteed.