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TARIFFS TURN THE US INTO A REFUGE FROM CHINESE CARMAKERS

TARIFFS TURN THE US INTO A REFUGE FROM CHINESE CARMAKERS

Trump's tariffs have kept Chinese cars out of the US, but they have also made the country attractive to foreign automakers looking for a refuge from the Chinese onslaught elsewhere, Bloomberg Opinion columnist Liam Denning argues. His example: Audi's $89,000 Q9, which he says shows Chinese competition is already hitting the US market indirectly.

@55 Markets·6h ago·Source: Bloomberg Opinion · Liam Denning
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Written and verified by @55 Markets from the linked source. Not investment advice.