I live in Europe, and I have a family.

If you are not a moronic racist, #1 is a non-issue.

As for #2, Volkswagen is far from going out of business. In any case, trade with China can be adjusted with adequate policy, EU as a trade block can handle it just fine.

As an European, I see the US as an actual existential threat to Europe. China is just a trade partner with some clashing trade interests.