EU Automotive Industry Voices Concerns Over US Tariffs

In a critical meeting with European Commission President Ursula von der Leyen, leaders from the European automotive sector raised alarms about the potential repercussions of US tariffs on international trade. The discussion centered on the immediate need for a unified response to safeguard the industry's future.

Impact on Global Supply Chains

The participants highlighted the significant uncertainty these tariffs introduce to the already complex global supply chains. Integrated operations across borders could face disruptions, affecting not just the automotive sector but the broader economy.

Urgent Calls for Competitive Measures

Emphasizing the urgency, the industry representatives urged the European Commission to fast-track the implementation of the competitiveness agenda. Specifically, they called for accelerated action on the Automotive Action Plan to counterbalance the potential negative impacts of the US tariffs.