The US-China trade war directly affects 3 per cent of global trade, but the automotive industry accounts for 8 per cent, according to World Trade Organisation figures. Photo: Reuters

Donald Trump’s trade war tariffs on car industry sending shock waves through global supply chain

  • US tariffs on vehicles and parts would reverberate through global car supply chain, with both US and Chinese manufacturers standing to lose out
  • China sells few cars to the United States but is the second biggest exporter of parts to the US, after Mexico
Topic |   US-China trade war: All stories

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The US-China trade war directly affects 3 per cent of global trade, but the automotive industry accounts for 8 per cent, according to World Trade Organisation figures. Photo: Reuters
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US President Donald Trump with China's Vice-Premier Liu He in the Oval Office of the White House in Washington at the start of April. Photo: Reuters

US-China trade war ‘still within control’, Beijing says, as trade gap widens due to soaring Chinese exports

  • March data shows exports soared while imports crashed, with analysts suggesting the government is subsidising exports to counter the effect of US tariffs
  • Exports grew by 14.2 per cent in March, a big jump from the 20.8 per cent fall in January and February, while exports contracted by 7.6 per cent
Topic |   US-China trade war

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US President Donald Trump with China's Vice-Premier Liu He in the Oval Office of the White House in Washington at the start of April. Photo: Reuters
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