Comment by samiv

4 hours ago

This is exactly so. Not only is the USA hurting itself by distancing itself from it's former allys in policy and trade but it's forcing the rest of the world including EU to look more towards east for trade partners and temporarily for military support until Germany rearms itself.

Canadians already took the lead and are now taking steps to let Chinese EV manufacturers into the Canadian markets with less tax/tariff.

Meanwhile Europe is still struggling a lot with coming to terms with new world order. They've been sucking up to the USA too long since the WW2. German economy is largely dependant on car manufacturing and China is threatening this. But something is going to have to give now.