Tariff in EU-US Deal ‘Burdens’ German Carmakers: Industry Group
The 15-percent tariff imposed by the United States on car exports from the European Union, as stipulated in the recently announced EU-US trade agreement, poses a significant financial strain on Germany’s automotive sector, according to industry leaders. Hildegard Müller, President of Germany’s leading automobile industry association (VDA), expressed deep concern on Monday regarding the implications […]
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