Automobiles

European carmakers have been investing in the US for decades and therefore consider the introduction of tariffs a low blow. Donald Trump's decision to impose 25% tariffs on cars made outside the US has also been criticised by the European car industry association ACEA. According to the manufacturers, the new measure will also indirectly affect the Czech company Skoda and its suppliers. How big a hit this will be depends on the specific list of products to which the duties will apply - which is not yet known. However, the Ministry of Industry and Trade reassures that the impact on the Czech Republic should be rather moderate. Filip Křenek, an analyst at the EUROPEUM Institute, commented on the situation for CNN Prima News.

Until a few years ago, Chinese cars were considered to be copies of European or American cars. Today, China is the largest automotive market, including in the electric car segment, and Chinese manufacturers want to establish themselves in Europe. Our research fellow Vít Havelka commented on this situation.