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by constantcrying
739 days ago
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China is VWs biggest market. BMW, Renault, Mercedes all have massive interests in China, which very quickly end the second China retaliates on the tariffs. Currently EU manufacturers are competing in China. If a trade war happens that will end and both sides will retreat to their own respective regions, currently that is clearly worse for EU car makers. All German car makers oppose these tarrifs for exactly those reasons. |
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Yes but for how long? China was very successful at baiting Tesla and raising their own EV industry. If anything it's proving that businesses can't rely on Chinese markets even without a trade war.