{
Rico Luman

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lovakia's auto industry faces uncertainty amid potential us tariffs

Slovakia, known as "Europe's Detroit," faces significant risks from potential U.S. tariffs under President-elect Trump, as nearly 74% of its exports to the U.S. are passenger cars. The country, which has rapidly developed its automotive industry, now relies heavily on this sector, employing over 250,000 people. While European lawmakers are wary of Chinese competition, the uncertainty surrounding U.S. trade policies poses a new challenge for Slovakia's economy.
CNBC
United States Dollar Euro VOLVO CAR Hyundai Motor Volkswagen AG Stellantis N.V. Tata Motors Limited USA MEX SWE CAN CHN DEU SVK Ursula von der Leyen Arushi Kotecha Rico Luman Show more
Finance & Economy, News Article
07:24 27.11.2024
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