China Vehicle Export Growth to Slow in 2025 Due to EU and US Tariffs

China Vehicle Export Growth to Slow in 2025 Due to EU and US Tariffs
Cars are stacked for loading onto a ship for export at the port in Taicang, in China's Jiangsu Province, on July 16, 2024. AFP via Getty Images
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News Analysis

China’s vehicle export growth is expected to drop sharply in 2025 as tariffs from the European Union and the United States are set to take full effect, making its automobile manufacturers less competitive. The forecast reflects a broader slowdown in China’s exports and economic growth in the new year.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”