The current 15% tariff imposed by the United States on passenger cars and components remains a primary obstacle for German exports. According to Mueller, these duties create a persistent drag on the sector, forcing companies to operate under unpredictable conditions that threaten long-term planning. By fast-tracking the formal adoption of the approved agreement, the Council could mitigate the economic friction currently facing European automakers. The industry remains focused on resolving these structural issues to ensure that transatlantic trade flows remain viable despite the existing protectionist pressures.
VDA Urges European Council to Ratify Trade Agreement
German automotive industry leaders are pressing the European Council to finalize a trade deal recently cleared by the European Parliament, aiming to secure stability for manufacturers. VDA President Hildegard Mueller warns that lingering trade barriers continue to stifle competitiveness for firms struggling with high export costs in the transatlantic market.
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