3 ms·
I suspect that, given people in EU are used to EU car prices, there's not going to be much willingness on the EU side to budge on cars (though the Chinese side
by ben_w 9mo ago
I suspect that, given people in EU are used to EU car prices, there's not going to be much willingness on the EU side to budge on cars (though the Chinese side may ask for it, of course, and should the EU get them there will be no going back given how much cheaper Chinese cars are).
If things get trade-war-y, American cars are way down the list of things the EU will care about finding substitutes for:
2024 US exports to EU were about $370bn: https://ustr.gov/countries-regions/europe-middle-east/europe/european-union https://ustr.gov/countries-regions/europe-middle-east/europe...
Of which cars were $8.8bn: https://www.globalfleet.com/en/manufacturers/global/analysis/transatlantic-automotive-trade-eu47-billion-battleground?a=FJA05&t%5B0%5D=Tariffs&t%5B1%5D=OEM&t%5B2%5D=BEVs&curl=1 https://www.globalfleet.com/en/manufacturers/global/analysis...