The European automotive industry has voiced strong concerns over US President Donald Trump’s decision to impose 25% tariffs on foreign-made vehicles, warning of severe consequences for global trade. The Automobile Manufacturers’ Association (ACEA) said the move comes at a critical time for the industry, which is already facing intense international competition and undergoing a major transformation.
ACEA Director General Sigrid de Vries highlighted that European automakers have long been investing in the US, creating jobs and boosting local economies. She urged Trump to reconsider the decision, warning that tariffs will not only raise costs for American consumers but also harm US-based manufacturers that export vehicles abroad. European automakers currently export up to 60% of the cars they produce in the US, making a significant contribution to the country’s trade balance.
The ACEA stressed that urgent dialogue between the EU and the US is necessary to avoid an escalating trade war. The group warned that restrictions on automotive imports and parts would not only impact European manufacturers but also disrupt supply chains and US domestic production, potentially triggering economic instability.
