Urgent Call for EU-US Trade Agreement Implementation
The VDA auto association urges that the EU-US trade agreement be enacted immediately to alleviate the 27.5% sectoral tariffs affecting German automakers and transatlantic trade. VDA President Hildegard Mueller stresses the EU Commission and German government must push for the U.S. to revoke these tariffs.
- Country:
- Germany
The VDA auto association is calling for the immediate implementation of a trade agreement between the EU and the U.S., emphasizing the need for relief from current sectoral tariffs.
With tariffs still at 27.5%, German automakers face significant financial burdens, impacting both the industry and transatlantic trade.
VDA President Hildegard Mueller urged the EU Commission and German government to strongly advocate for the U.S. to remove these tariffs.
(With inputs from agencies.)
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