The EU has imposed tariffs on imports of Chinese EVs after concluding that unfair subsidies from Beijing let the country’s manufacturers undercut Europe’s industry. However, German carmakers still face challenges from high energy costs and the need to fund the transition to electric manufacturing. German car part supplier Schaeffler earlier this week announced 4,700 redundancies, blaming weak demand and oversupply …
This is part of Pour One Out, a series about what’s happening to America’s famous appetite for suds—and what’s taking its place. A seismic shift really is occurring within the beer industry, which weathered a pandemic that kept Americans out of bars and, before that, withstood the Trump administration’s trade war that put a 10 percent tariff on aluminum imports, …
