The 21st annual Shanghai Auto Show isn’t just about flashy cars and cutting-edge tech—it’s also where big debates about the future of global trade are hitting the stage. 🌍🔧 In an exclusive chat with CGTN, Hildegard Müller, president of the German Association of the Automotive Industry, dropped some truth bombs about how U.S. tariffs could backfire on economies worldwide. 💬💡
“Tariffs lead to losses for all parties involved,” Müller warned, emphasizing that trade barriers disrupt supply chains and hike costs for businesses and consumers alike. 🚫📉 With the auto industry being a cornerstone of global manufacturing, she stressed the need for “solutions through negotiations” to avoid a ripple effect of slowed innovation and job losses. 🤝💼
The timing couldn’t be more urgent: automakers are racing to meet green-energy goals while navigating post-pandemic recovery. ⚡🌱 Müller’s call for dialogue highlights how interconnected the world’s economies are—and why collaboration, not confrontation, might be the key to keeping the wheels of progress turning. 🛠️🌐
