At the 21st annual Shanghai Auto Show, the buzz of innovation met serious trade debates. In an exclusive interview with CGTN, Hildegard Müller, president of the German Association of the Automotive Industry, warned that U.S. tariffs could lead to losses for all parties involved in the auto sector.
During the interview, Müller explained that while these tariffs may aim to protect domestic interests, they risk triggering a ripple effect that hits manufacturers, suppliers, and even consumers around the world. It’s like a plot twist in your favorite series 🚗 – one that could reshape the future of global trade. She called for smart negotiations and collaborative dialogue to ease the impact and steer the industry toward a more balanced future.
This insight resonates with everyone from young entrepreneurs to students and culture enthusiasts who follow international trends closely. With trade tensions continuing to stir the markets, all eyes are on the next steps in resolving these complex challenges. Stay tuned for more updates as the story unfolds!
Reference(s):
Müller: U.S. tariffs to lead to losses with all parties involved
cgtn.com
