Is the Trade War a Game of Chicken?
I don’t drive. Consequently, my life has been centered around cities with robust public transportation or those friendly to pedestrians—New York and London, for instance. I’ve often daydreamed about renting a car and cruising north along the Hudson River or taking the Eurostar through the Channel Tunnel to France. However, that would mean making a decision about the vehicle itself. Now, I’m thankful I don’t have to wade into the complex issues of politics, economics, nationalism, and climate policy.
The current international trade dynamics are putting pressure on the automotive industry. Recent tariffs target European luxury cars, with potentially wide-reaching effects.
The situation is a multifaceted game, with various global players vying for advantage. As a result, consumers, particularly those in the United States, may face more expensive and limited choices, potentially benefiting countries that have navigated these trade issues more effectively.
