EU auto industry faces great failure because Trump’s 25% tariffs come into force




European car manufacturers are advocated by the influence because 25 percent of US President Donald Trump on imported cars, announced at the end of March, entered into force on Thursday. The move has already disrupted the global supply chains, and the main European manufacturers have expressed concern about new measures. In response, the Euraian-American car manufacturer Stellantis fired hundreds of American workers and announced a temporary closure of two plants-one in Canada and the other in Mexico. European car manufacturers are now urging the European Union to take measures in response to US tariffs to protect interests in the industry. Florent Marchais tells us more.



Source link

  • Related Posts

    United States – China’s trade war will worsen, no transactions can be seen

    On April 7, 2025, containers are transported at Yantian International Container Terminal in Shenzhen, China. Bloomberg|Bloomberg|Getty Images The report comes from the founding version of CNBC’s China Connect News, a…

    U.S. freezes Cornell funds for Cornell after pro-Palestinian protests | Israel – Palestinian conflict news

    The White House said Cornell’s $100 million and Northwestern’s $790 million in federal funds have been blocked. According to the White House, the U.S. government has frozen more than $1…

    Leave a Reply

    Your email address will not be published. Required fields are marked *