Germany warns of huge costs over threatened 25% EU tariffs
Updated
Updated · Automotive News · May 3
Germany warns of huge costs over threatened 25% EU tariffs
10 articles · Updated · Automotive News · May 3
The warning follows Donald Trump's threat to raise tariffs on European Union goods to 25%, escalating trade tensions between Washington and Europe.
Berlin says such duties would carry major economic costs, with export-reliant industries likely to face higher barriers and disruption if the measures are imposed.
The dispute adds to wider pressure on manufacturers already coping with geopolitical tensions and climate-related risks affecting key shipping routes and supply chains.
As trade disputes stall green shipping rules, what is the true environmental cost of our global supply chains?
How are automakers redesigning supply chains to survive both unpredictable tariffs and vulnerable global shipping routes?
With rising tariffs and shipping costs, will European cars become a luxury affordable only by the wealthiest Americans?