Trump's Plan to Make European Cars More Expensive Has a Fatal Flaw

Quick Summary:

President Trump's threat of 25 percent tariffs on EU car imports could spark an automotive trade war—one that will result in higher prices for all and never end in European consumers buying more American autos.

It might hurt Trump to learn this, but European consumers aren’t overly fussed about US-made cars, especially gas-powered ones.

Now with the increase in car sizes in general, the UK's Institution of Structural Engineers issued car park design guidance in 2023, increasing its recommendation for bay size to 5 meters by 2.6 meters—dimensions that would still be insufficient for the average US car.“In my modelling,” says Hahn, “Germany and Italy will be much more impacted by any tariffs than countries like France and Spain that don’t sell that many cars to the US.

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Article Details

Author / Journalist: Carlton Reid

Category: BusinessTechnology

Markets: United StatesCanadaFranceGermanyItalyMexicoSpainSweden

Topics: Gear Business / Transportation Gear / Gear News and Events

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 14:42:36 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: wired.com

Language: English

Article Length: 1931 words

Reading Time: 11 minutes read

Sentences: 74 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Wired

News ID: 25890979

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