German car industry urges caution on US tariffs
26/02/2025
Germany’s national automotive industry organisation VDA has warned that an increase in tariffs on exports of cars from the European Union to the US would directly affect the US economy.
In a statement in February, VDA said discussions about tariffs at the start of 2025 had led it to conclude that there is now a high risk of a global trade conflict, with negative effects on the global economy.