Brad Setser on X: “When the European Commission sits down to assess its options, it will …”

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Brad Setser

@Brad_Setser

Aug 7

It is rather shocking -- but there is no sign China's assault on the global auto market is slowing

On track to vehicle exports of over 12m/ $200b this year, and passenger exports of 10-11m

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Brad Setser

@Brad_Setser

Replying to @Brad_Setser

When the European Commission sits down to assess its options, it will no doubt note that the "China" shock increasingly is coming from rising imports into the EU market, not just falling exports (b/c exports are already down a lot)

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Aug 7, 2026, 7:28 PM UTC

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Brad Setser on X: “When the European Commission sits down to assess its options, it will …” | PeekX