NewsUS tariff plans could drive Europe into the arms of Chinese EV makers

February 10, 2025by 0

Donald Trump’s tariff plan could spectacularly backfire, forcing Europe closer to China as it seeks to hit environmental targets, it was claimed.
China is hunting alternative markets for its substantial output of electric vehicles as it faces up to exports to the US being hit by a 10% tariff.
However, the European Union is also facing potential tariffs, with the US president having stated that his country had been “treated very badly” …

The post US tariff plans could drive Europe into the arms of Chinese EV makers appeared first on The Loadstar.

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