How Trump tariffs could upend car markets in Europe, the US and China

Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales - and Tesla could gain The internal combustion engine appears to hold a special place in Donald Trump's psyche. During his inauguration speech last week, he made a "sacred pledge" to raise US car production to "a rate that nobody could have dreamt possible just a few years ago". Car making and the oil industry - not AI, computer chips, or even cryptocurrencies - were the only two industries the new US presiden...