Audi Fears 'Significant' Tariff Impact Ahead of SUV Launch in US
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US to raise EU car tariffs to 25% amid escalating tensions
Greer stated he communicated with European and German trade officials over the weekend to discuss their compliance with previous agreements, noting that the president is moving forward with this action as one part of a larger negotiation deal, News.Az reports, citing Reuters. The tariff hike comes during a period of intense friction between Washington and Brussels. Tensions have peaked over the war in Iran and the refusal of European nations to …
US threatens higher tariffs on EU-built vehicles
The United States administration’s renewed threat to increase tariffs on vehicles imported from the European Union marks a significant escalation in transatlantic trade tensions. The proposed move, to raise duties from around 15% to 25%, has already unsettled financial markets, alarmed manufacturers, and prompted urgent diplomatic manoeuvring across Europe Background: A Fragile Trade Framework Under Strain The dispute centres on a 2025 US–EU tra…
Audi fears 'significant' tariff impact ahead of SUV launch in US
BERLIN, May 5 (Reuters) – A looming U.S. tariff hike would have a ‘significant’ impact on German premium carmaker Audi as it pushes ahead with plans to launch its largest SUV in the U.S. this summer, finance chief Juergen Rittersberger said on Tuesday. U.S. President Donald Trump has threatened to raise tariffs on EU car imports to 25%, arguing that the bloc has failed to comply with last year’s U.S.-EU trade agreement. The measures have not yet…
No sooner had transatlantic trade policy settled into a somewhat fragile equilibrium than the next escalation from Washington is creating new uncertainty and hitting the automotive industry at a time when it is already caught between transformation, cost pressures, and geopolitical tensions: US President Donald Trump wants to raise tariffs on car imports from the EU from the current 15 percent to 25 percent, according to reports from Manager Mag…
A European official assured Euractiv that Europe remained fully committed to concluding a "foreseeable" agreement The post EU committed itself to countering Trump's 25% customs duties on cars appeared first on Euractiv FR.
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