Trump hit Volkswagen with 25 percent tariffs, and now 50,000 German VW workers will lose their jobs.

European politicians chose to appease Trump. Look what that brought us.

https://www.bbc.com/news/articles/c4gqyyly9v8o

@randahl Thank you for pointing me to this article.

They still make profit, so where is the problem? I probably don't know enough about economy ☺️

Also, where do they have intense competition from China except in China 🤣 In a couple of years Europeams will be more than happy to buy Chinese cars, because by then they will be worlds more advanced.