Part 3/8:
On the geopolitical front, U.S. President Donald Trump has proposed imposing a 25% tariff on all imported vehicles—a move intended to incentivize automakers to increase production domestically. However, the effectiveness of this strategy remains uncertain. According to RFQ Insight, if the current administration refrains from imposing these tariffs and continues with EV subsidies, the prediction is a rise of 482,000 vehicles in U.S. production by 2027, alongside an increase of 85,000 jobs in the industry.