EU car industry sees relief - and pain - in US trade deal

  • Posted on July 29, 2025
  • By Business News Today
  • 3 Views
EU car industry sees relief - and pain - in US trade deal

The European Union car industry sees the United States trade deal as a partial relief. However, tariffs will still negatively affect the industry. German car companies face export challenges. Friedrich Merz says the German economy will suffer. Automakers are lowering profit forecasts. BMW suggests removing European tariffs on US vehicles.
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