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Germany says written EU-US trade deal requires lower car duties
Published by Global Banking and Finance Review
Posted on August 18, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 18, 2025
1 min readLast updated: January 22, 2026
Germany insists on reduced US car tariffs before finalizing the EU-US trade deal, crucial for Europe's export economy.
(Reuters) -Germany said on Monday that the United States would have to follow through on agreed lower tariffs on Europe-made cars before a wider agreement on trade can be finalised in writing.
"In particular, car tariffs must be reduced quickly as agreed. We are also aware of the considerable burden on the export-orientated economy. ... Our role here is to continue to fully support the European Commission in this process," a German government spokesman said in a press conference.
The European Union and the United States struck a framework trade deal in late July with many key details yet to be clarified.
(Reporting by Ludwig Burger, editing by Rachel More)
Germany stated that the United States must follow through on agreed lower tariffs on Europe-made cars before a wider trade agreement can be finalized.
The European Union and the United States struck a framework trade deal in late July, but many key details are still yet to be clarified.
Car tariffs are significant as they impact Germany's export-oriented economy, which relies heavily on automotive exports.
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