Impact of Trump's Tariffs on the European Automotive Industry
March 27, 2025
Donald Trump's decision to impose a 25% tariff on car imports has triggered an immediate response from the European Commission, with Ursula von der Leyen expressing concern over the impact on the European automotive industry. Over 20% of car exports from the EU go to the U.S., which significantly affects countries like Germany and Italy. The Commission is evaluating possible retaliatory measures in response to the U.S. tariffs. Meanwhile, the Trade Commissioner is visiting Beijing to enhance negotiations with China.