European carmakers call for ‘grand bargain’ with Trump to avoid trade war
- European carmakers are seeking relief from fines related to emissions standards, as they face penalties potentially reaching billions of euros this year, according to the European Automobile Manufacturers' Association .
- Ola Källenius, the newly appointed ACEA president, emphasized the need for a flexible approach to the European Green Deal to support the automotive industry's transition, stating that incentives for electric vehicles must be reconsidered.
- The potential for a trade war under President-elect Donald Trump raises concerns for the UK economy, with Business Secretary Jonathan Reynolds warning that tariffs could significantly impact trade.
- Liberal Democrat leader Sir Ed Davey advocates for a UK-EU customs union to strengthen the UK's negotiating position against possible tariffs from the incoming US administration.
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Total News Sources0
Leaning Left3Leaning Right6Center2Last UpdatedBias Distribution55% Right
Bias Distribution
- 55% of the sources lean Right
55% Right
L 27%
C 18%
R 55%
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