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Thanks, Trump!
Can’t even fail right
another article on this for those interested
A comparison of year-to-date gasoline imports and Chinese EV exports reveals a striking overlap in several major economies.
Australia, Brazil, South Korea, the United Arab Emirates, Canada, the United States, Nigeria and Japan have all sharply increased imports of Chinese EVs this year while simultaneously reducing gasoline imports.
No single dataset proves causation. Gasoline imports are influenced by refinery operations, inventories, economic growth and government policy.
But when the same pattern appears across multiple regions and income levels, it starts to look less like coincidence and more like an early signal of structural change.
