The rush to protectionist policies against the Chinese may actually play into Chinese car makers’ hands
The global automotive industry is in turmoil once again, and this time, it’s thanks to a political grenade lobbed straight from the White House. Donald Trump has just announced a fresh wave of 25% tariffs on imported automobiles, along with semiconductors and pharmaceuticals, sending shockwaves through the already uncertain EV market. If you thought the shift to electrification was on shaky ground before, buckle up—because it just got a whole lot worse.