The US‑EU trade deal sets a 15% tariff on most EU exports, averting steeper tariffs, as Europe invests $750bn in U.S. energy and $600bn across sectors.
China has imposed export controls on eight key EV battery technologies, including lithium processing and LFP battery production, effective 15 July 2025. The move, aimed at protecting China's tech advantage, could disrupt global EV supply chains, raise production costs, and delay projects