Germany says written EU-US trade deal requires lower car duties
Germany says written EU-US trade deal requires lower car duties
Published by Global Banking and Finance Review
Posted on August 18, 2025
Published by Global Banking and Finance Review
Posted on August 18, 2025
(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)
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