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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - 28/Mar 09:53

Trump’s tariffs are particularly destructive for German carmakers

President Donald Trump’s decision to impose a 25% tariff increase on all imported automobiles—set to take effect next week—has ignited sharp reactions across the global automotive industry, triggering concerns among European, Japanese, Korean, and even American manufacturers. Tesla seems to have gained the most from these measures, but Western and Asian countries are warning of a scenario where it will be “losers only.” Following the announcement of the new tariffs, the German Association of the Automotive Industry (VDA) quickly condemned them as a “fatal signal for free trade,” emphasizing that the significant increase from the previous 2.5% tariff to 27.5% would severely disrupt global supply chains.  Continue reading at newmobility.news.

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