Antonella Abbate • 4 April 2025
Global Automotive Industry in Turmoil as Trump’s New Tariffs Threaten Japan, China, and Europe
The global automotive industry is facing major disruptions following former U.S. President Donald Trump’s announcement of new sanctions and tariffs on imported goods to the U.S., set to commence on March 4, 2025. With Japan, China, and European automakers heavily reliant on exports to the U.S., concerns are mounting over the economic impact on these countries’ automotive sectors.
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As the global automotive industry transitions toward sustainable mobility, Range-Extended Electric Vehicles (REEVs) have emerged as a pivotal bridge between traditional internal combustion engines (ICE) and full battery electric vehicles (BEVs). REEVs—also known as REX (Range Extender) hybrids —blend the advantages of electric propulsion with the security of extended driving range, all while offering reduced emissions and optimized fuel efficiency.