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Japanese Prime Minister Shinzo Abe plans to discuss U.S. tariffs with President Trump after failing to secure an exemption, aiming to highlight Japan’s economic contributions and mitigate trade tensions.
Tesla reports a 13% drop in sales as backlash against CEO Elon Musk grows, leaving many questioning the future of the electric vehicle giant.
Europe reacts strongly as President Trump imposes 25% tariffs on imported cars, with leaders calling for countermeasures and warning of economic fallout on both sides of the Atlantic.
President Trump’s 25% tariff on imported cars ignites global trade tensions as allies like Canada, the EU, and Brazil voice strong opposition and consider retaliatory measures.
President Trump announced a 25% tariff on imported automobiles starting April 2, sparking global reactions and concerns over rising car prices and strained international trade relations.
China’s new consumer promotion policies are fueling optimism for the automotive market’s growth by 2025, focusing on green and intelligent upgrades. CPCA’s Secretary-General shares insights on this impact.
German Chancellor Olaf Scholz urges the EU to swiftly resolve its tariff dispute with China over electric vehicles, emphasizing the importance of cooperation amidst industry pressures.
China and Germany are deepening their collaboration to enhance industrial and supply chains, particularly in the automotive sector, fostering innovation and global economic cooperation.
China’s smart vehicle supply chain is transforming the global automotive industry through innovation and efficient collaboration, showcasing breakthroughs at the China International Supply Chain Expo in Beijing.