The United States has recently imposed a 25% tariff on vehicle imports from the European Union, which is set to significantly impact Germany’s automotive industry. As a leading car exporter, Germany is expected to face challenges in maintaining its export volumes to the US market. Additionally, the increased tariffs may lead to higher prices for American consumers looking to purchase German-made vehicles.
However, the tariffs not only affect exports but also imports of essential components used in German car manufacturing. This could potentially disrupt supply chains and increase production costs for German automakers.