'It's Actually Not Just China' on Tariffs: Narayan

Group 1 - The ongoing tariff discussions are primarily focused on trade deficits, not just with China but more broadly [1][2] - There is a concern regarding the competitive position of U.S. and European manufacturers in the Chinese electric vehicle (EV) market, which is dominated by local players [3][4] - German OEMs have a significant interest in maintaining their presence in China, even if it means accepting a loss in market share [4] Group 2 - The importance of tariffs on imports from Mexico, particularly concerning Chinese vehicle parts, is highlighted, suggesting a potential deal between the U.S. and Mexico [5] - Trade experts indicate that the renegotiation of the USMCA could benefit companies operating in Mexico, possibly involving a requirement for U.S. content [6]