US carmakers won't win in Trump’s trade war

© Karen Foley | Dreamstime.com

Yesterday we posted a recommend from Bloomberg about the supply chain of the humble leather belt, and how it is likely to be impacted by the China-US trade war. Today we turn to Quartz, which has undertaken analysis of the US automotive manufacturing industry, which, given the hyper-dislocated, global nature of modern car building, is particularly vulnerable to volatile traffic structures. “In the long run, this is not a game the US can win. The global car market dwarfs that of the US (which China eclipsed long ago), and most of the growth for American car companies is coming from outside American borders. That gives the US less leverage than ever to have its way in the world.”