Former Aston Martin CEO: US tariffs very bad for car trade

Video Credit: ODN
Published 6 days ago - Duration: 01:13s

Former Aston Martin CEO: US tariffs very bad for car trade

The former CEO of Aston Martin says tariffs are "very bad for the car industry" and worries that the US will "no longer be competitive with the Chinese" in AI and new energy as a result.

Andy Palmer adds that the "inevitable" increase in prices will decrease car production volume, meaning "people will lose their jobs in foreign factories, including the UK".

Report by Brooksl.

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Aston Martin

British automotive company

Andy Palmer

British businessman

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