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How European politicians and businesses react to US tariffs | DW News 1 день назад


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How European politicians and businesses react to US tariffs | DW News

New US tariffs "will only create losers," the German Automotive Industry Association said after Donald Trump's announcement that Washington would impose a 25% tariff on all foreign-made automobiles. The industry body called on the European Union to act together and with the "necessary force." The US is one of the most important markets for German carmakers Volkswagen, Mercedes, BMW and Porsche, for whom falling overseas sales will likely deal a severe blow. EU chief Ursula von der Leyen said the bloc has a solid strategy for retaliation if the US imposes sweeping tariffs on it. However, she has stressed that a "negotiated solution" to avoid a trade war is preferable. #Tariffs #GermanCars #EuropeanUnion For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram:   / dwnews   ►TikTok:   / dwnews   ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   Subscribe: https://www.youtube.com/user/deutsche...

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