Concerns Over US Tariffs Impact on Trade

Leaders from the European automotive sector convened with European Commission President Ursula von der Leyen this Tuesday. The meeting aimed to address growing concerns over the newly imposed US tariffs and their detrimental effects on global trade dynamics.

Uncertainty for Supply Chains

The discussion highlighted the significant uncertainty these tariffs introduce to the intricately connected supply chains. Participants stressed the urgent need for a cohesive response to mitigate these challenges.

Urgent Call for Competitiveness Agenda

In a bold move, the industry representatives pushed for the swift implementation of the competitiveness agenda. They specifically advocated for accelerating the measures detailed in the Action Plan on Automotive to safeguard the sector's future.