Volkswagen (VW) Passat R Car (L) and Golf GTI car are shown in the warehouse of a German car manufacturer of Volkswagen at the company’s headquarters in Wolfsburg, central Germany, March 11, 2025.
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The German Economy Minister and Auto Industria wiped the plans of US President Donald Trump to impose Swept 25% of the US car importssaying that the move sends a “fatal signal” free store and rules.
Trump said on Wednesday that he would implement the tariffs on all vehicles and car parts that were made abroad imported to the United States, as part of the measures that came into force of April 2.
Duties, which match withn even wider pressure on billing Starting next week, they are a great escalation in the already awake global trade war.
Germany’s Economy Minister Robert Habeck invited the European Unic to provide a “decisive response” to Trump’s latest tariff announcement, saying that he was “settled” at the end of the Sadet -in -the -Ui EU -ui global trade as a whole. “
“The announcement of high cars and car parts announcements are bad news for German car manufacturers, for the German economy, for the EU, but also for now,” he said on Thursday in a statement translated to Google.
“Now it is crucial that the EU is bringing a decisive response to Tariff-Mora it to be clear that we will not retire to the US face. The strength and confidence is needed,” he added.
European car shares traded suddenly lower on Thursday morning. French supplier of car parts Valeo fell more than 7% shortly after the opening of the bell, on the Milan list Stellantis dipped 5% and Germany BMW fell over 4%.
“Announced additional American tariffs of 25% on all passenger cars and light commercial vehicles not produced in the USA send a fatal signal for free trade based on the rules,” Hildegard Müller, President of the German Automobile Industry (VDA) said in a statement on Wednesday.
“Tariffs, which should take effect on April 2, will set a significant burden on both companies and in closely intertwined global supply chains – with negative consequences, especially for consumers – including in North America,” Müller said.
Müller VDA emphasized the economic importance of the free and honest trade of both sides of the transatlantic partnership and called for direct negotiations between the US -a -a -o two -sided agreement.
“The risk of global trade conflict – with adverse effects on global economy and growth, prosperity, jobs and consumer prices – is high on all sides,” Müller said.
‘Unduly’
The analysts are previously warned The German Auto Sector seems to be significantly exposed to US tariffs, noting that the Earth – to some distance – is the largest European exporter of passenger cars in the US 2023.
German Volkswagen,, Mercedes-Benz Group And in recent months, BMW has released profit warnings, citing economic weakness and controversial demand in China, the world’s largest car market.
Miguel Berger, German Ambassador to the UK, said Tariffs on car imports to the United States were “unjustified” and attempt to reorganize international trade “in the only benefit of the US investment”
“Tariffs will do tremendous damage to the industry and consumers. We have to participate in conversations and be ready for a strong, united answer,” Berger said on Thursday on the X platform for social media.
The container cranes are seen on the container terminal ‘Eurogate’ in the port of the northern German port of the City of Hamburg on February 27, 2025 in Hamburg, Germany.
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The European AC (ACEA) manufacturer Association said it was a “deeply worried” Trump’s proposed car tariff. Acea, a car lobbying group, represents the characters of BMW, Ferrari,, Renault,, Volkswagen and Volvo.
“The EU and the US must get involved in dialogue to find immediate resolution to prevent the tariffs and adverse effects of the trade war,” ACEA General Director General Sigrid de Vies said in the statement.
Swedish Volvo cars, meanwhile, said on Thursday that he “studied the effects of changes in tariffs” as Trump’s administration announced.
“Volvo Cars follows development in different markets, including the US. We follow the government rules and pay all the necessary duties on all imported vehicles and on all parts as the law requires,” Volvo Cars spokesman told CNBC via E -Stage.
“It’s too early to comment on this stage,” they added.
