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US tariffs, trade war risks, policy to impact EV sales in US and EU, Bruegel says

( June 5, 2025, 10:27 GMT | Official Statement) -- MLex Summary: President Donald Trump’s tariffs, the risk of escalating trade wars and an evolving policy landscape will impact electric vehicle sales and production in both the US and Europe, think tank Bruegel said. In an analysis it said China’s significant lead in production scale, cost efficiency and domestic market size positions it as the dominant player. US and European firms are likely to lose the export shares they enjoyed during the internal combustion engine era, both to the Chinese market and other countries, it said. Full analysis below:...

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