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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

How Trump tariffs could upend car markets in Europe, the US and China

Hummer electric vehicles at the General Motors factory in Detroit
Hummer electric vehicles at the General Motors factory in Detroit. Trump has said he will remove subsidies for US electric car production. Photograph: Dominick Sokotoff/REX/Shutterstock

The internal combustion engine appears to hold a special place in Donald Trump’s psyche. During his inauguration speech last week, he made a “sacred pledge” to raise US car production to “a rate that nobody could have dreamt possible just a few years ago”.

Car making and the oil industry – not AI, computer chips, or even cryptocurrencies – were the only two industries the new US president highlighted as he promised to make America a “manufacturing nation once again”.

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