CHINA-EU AUTOMOTIVE TRADE WAR: Retaliation Reshapes Europe’s Automotive Sector
As part of the China-EU automotive trade war, Beijing has frozen investments in European countries supporting tariffs. Automakers like Stellantis are forced to reassess production strategies and navigate the growing uncertainties of an escalating trade conflict. The EU’s Tariff Decision and Industry Reactions In late 2024, the European Union imposed tariffs of up to 45% […]