Trump Tariffs Shock European Auto Industry ...Middle East

OILPRICE - Economy
Trump Tariffs Shock European Auto Industry
source : OILPRICE ( Middle East ) () 40
Via Metal Miner   The “Trump Tariffs” continue to shock global markets, affecting multiple major sectors. Recently, European auto manufacturing ombudsmen reacted with alarm to President Donald Trump’s imposition of a 25% import tariff on auto imports into the United States. EU Auto Leaders React to Trump Tariffs Hildegard Müller, president of the German Association of the Automotive Industry, said in an April 3 statement, “This protectionism will only produce losers. Consumers in the US will be particularly affected,…

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