German auto firms have indicated they could pull the plug on new investments in battery manufacturing and related facilities in the US if they are forced to pay increased tariffs under a “national security” review.
The warning came after the Trump administration launched an investigation that could pave they way for new tariffs to be slapped on automotive products from Europe, Japan and South Korea.
You might be perplexed by how rumours that begin on the shop floor often turn out to be prophesies. Here is a cautionary tale of the importance of listening to the front line.
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