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News Wire / economy

European Parliament Challenges Trump Tariff Appeals

developing ERT Proto Brussels 10d10d Impact 8

European automotive industries expressed concern regarding the economic consequences of Donald Trump's decision to impose a 25% tariff on European cars and trucks. The report examines the potential economic implications of these tariff hikes. American politician Malik Dudakov stated that increasing tariffs on European automobiles will not significantly impact the US market. The primary consequence will be that the United States will likely not receive promised European investments. Under an agreement signed last summer, tariffs on European cars in the US were set at 15%. Europe currently accounts for approximately 2% of ice cream, milk, pork, and soy oil products. The policy is expected to impact investment flows from Europe to America. US President Trump announced plans to increase tariffs on cars and trucks from the EU to 25%.

European automotive industries expressed concern regarding the economic consequences of Donald Trump's decision to impose a 25% tariff on European cars and trucks. The report examines the potential economic implications of these tariff hikes. American politician Malik Dudakov stated that increasing tariffs on European automobiles will not significantly impact the US market. The primary consequence will be that the United States will likely not receive promised European investments. Under an agreement signed last summer, tariffs on European cars in the US were set at 15%. Europe currently accounts for approximately 2% of ice cream, milk, pork, and soy oil products. The policy is expected to impact investment flows from Europe to America. US President Trump announced plans to increase tariffs on cars and trucks from the EU to 25%. The EU Commission's response can be understood as a diplomatically packaged threat. The Commission noted that Washington is being reminded of the agreement signed by Trump and Ursula von der Leyen nine months ago in Scotland. That agreement includes a provision for 15% horizontal tariffs. Athina 9.84 FM reported that there is a case for unacceptable appeals from Trump and called for immediate action.

Topics

tariffs automotive industry trade war

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Sources · 7 independent

ERT Proto

“The Brussels in the United States characterize after the decision of Donald Trump to impose a 25% tariff on European cars and trucks. The European automotive industries express their concern about the economic consequences that will inevitably be passed on to consumers.”

YTN Radio

“미-트럼프 대통령의 유럽연합산 자동차에 대한 관세 인상 예고에 대해 EU 집행위원회에 용납할 수 없다고 강경 반응 시사했습니다.”

Skai 100.3

“The tariffs that have to do with cars and trucks that the United States imports from Europe have now reached 25%.”

CRI News Radio

“According to the German Institute for Economic Research on the 2nd, an analysis shows that the US has increased tariffs on European and American automobile imports.”

TRT Haber Radyo

“ارتفعت الرسوم الجمركية على جميع السيارات والدراجات النارية التي تدخل الولايات المتحدة الأمريكية بنسبة 25٪. وفقًا لتوقعات معهد كيل للاقتصاد العالمي، يمكن أن يكلف هذا القرار ألمانيا 15 مليار يورو”

TRT Haber Radyo

“وفقًا لتوقعات معهد كيل للاقتصاد العالمي، يمكن أن يكلف هذا القرار ألمانيا 15 مليار يورو فقط. يمكن أن يكون الضرر طويل الأمد 30 مليار يورو.”

CRI News Radio

“德国吉尔世界经济研究所了解到,该机构一项分析显示,美国你提高欧盟欧美汽车进口关税”

CRI News Radio

“According to an analysis from the Kiel Institute for the World Economy in Germany on the 2nd, the US is increasing tariffs on European and American car imports.”

CRI News Radio

“According to the German Institute for Economic Research on May 2, an analysis shows that the US is increasing tariffs on EU and US car imports.”

CRI News Radio

“记者2号从德国吉尔世界经济研究所了解到, 该机构一项分析显示, 美国你提高欧盟欧美汽车进口关税”

TRT Haber Radyo

“مليار يورو فقط. يمكن أن يكون الضرر طويل الأمد 30 مليار يورو.”

CRI News Radio

“According to an analysis from the German Kiel Institute for the World Economy on the 2nd, the US is increasing tariffs on European and American car imports.”

CRI News Radio

“According to the German Institute for Economic Research on May 2, an analysis by the institution shows that the US is increasing import tariffs on European and American cars.”

CRI News Radio

“据德国吉尔世界经济研究所了解到,该机构一项分析显示,美国提高欧盟欧美汽车进口关税”

Europe 1

“Si cette mesure était appliquée dès la semaine prochaine, ça serait quand même une catastrophe pour cette industrie automobile déjà très fragilisée. On pense évidemment particulièrement à l'Allemagne.”

Business FM Russia

“Повышение пошлин на европейские авто серьезно не повлияет на рынок США. Главное последствие — это то, что Америка теперь точно не получит обещанных европейских инвестиций, говорит политик, американец Малик Дудаков.”

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