ABC News: Top Stories | China’s passenger car exports surge nearly 85% in April as domestic sales slump

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China’s passenger‑car exports jumped almost 85 % in April to roughly 796,000 vehicles, driven largely by a more than 120 % surge in new‑energy models—including battery‑electric and plug‑in hybrids—which reached about 420,000 units, while domestic sales fell 25.5 % to 1.3 million for a sixth consecutive month as government subsidies were scaled back, the economy remained weak, and competition intensified. Chinese makers such as BYD and Geely are expanding overseas, opening factories in Europe and Latin America, and benefitting from higher global fuel prices that are pushing consumers toward EVs. Analysts expect overall passenger‑car exports to rise another ≈20 % in 2026, especially in Southeast Asia, even as the United States maintains a 100 % tariff on Chinese EVs and trade talks continue.

Read more: https://abcnews.com/Business/wireStory/chinas-passenger-car-exports-surge-85-april-domestic-132839838

#BYD #Geely #UStariffs #Chineseautomakers #China

EU Dismisses “Non-Compliance” Claims Amid New U.S. Threats

https://fed.brid.gy/r/https://europeanconservative.com/articles/news-corner/eu-dismisses-non-compliance-claims-amid-new-u-s-threats/

TRUMP READIES 25% TARIFF ON EU AUTOS AMID TRADE DEAL DISPUTE

US President Trump plans to raise tariffs on EU cars to 25% next week, citing non-compliance with a trade deal. This impacts EU automakers and US consumers.

#USTariffs, #EUTariffs, #CarTrade, #TradeDeal, #TrumpAdministration

https://newsletter.tf/us-25-percent-tariff-eu-cars-trade-dispute/

The US plans to increase tariffs on EU cars to 25%, a significant jump from the current 15%. This could make cars more expensive for Americans.

#USTariffs, #EUTariffs, #CarTrade, #TradeDeal, #TrumpAdministration
https://newsletter.tf/us-25-percent-tariff-eu-cars-trade-dispute/

Trump Elevates Tariffs on EU Autos to 25%

President Trump increases tariffs on EU cars and trucks to 25% starting next week. Find out how this trade change affects consumers and car makers.

#USTariffs, #EUTariffs, #CarPrices, #TradeWar, #DonaldTrump

https://newsletter.tf/us-raises-eu-car-tariffs-to-25-percent/

The US is raising tariffs on EU cars and trucks to 25%, up from a previous rate. This move is expected to increase car prices for consumers.

#USTariffs, #EUTariffs, #CarPrices, #TradeWar, #DonaldTrump
https://newsletter.tf/us-raises-eu-car-tariffs-to-25-percent/

Another Quebec-based furniture company to shut down operations due to U.S. tariffs

https://fed.brid.gy/r/https://globalnews.ca/news/11826941/quebec-furniture-company-shut-down-u-s-tariffs/