Economy

European Auto Industry Leaders Call for Immediate Response to US Tariff Challenges

Urgent Meeting with European Commission President

On Tuesday, key figures from the European automotive sector convened with European Commission President Ursula von der Leyen. The agenda was clear: to voice their growing concerns over the recent US tariffs and to strategize potential countermeasures.

Impact on Global Trade and Supply Chains

The discussion, as highlighted in a European Commission release, centered on the tariffs' disruptive effects on international trade. A particular point of concern was the uncertainty these tariffs introduce to the finely tuned, global supply chains that the automotive industry relies upon.

A Push for Faster Implementation of Competitiveness Measures

In a unified call to action, the industry representatives pressed for the swift execution of the competitiveness agenda. Special emphasis was placed on accelerating the initiatives detailed in the Action Plan on Automotive, aiming to bolster the sector's resilience and global standing.