EU's 'Made in Europe' push unnerves global auto suppliers
According to the report, the European Union’s initiative to protect local carmakers from Chinese competition is causing concern among international suppliers. The move is seen as potentially damaging relationships with key partners, including nations in Turkey, Morocco, Japan, and South Korea. The publication notes that this strategy places billions in trade and hundreds of thousands of European jobs at risk, suggesting that efforts to shield the domestic industry may inadvertently harm close economic allies.
Source: DW
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