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Germany's auto association says EU-US trade deal must take effect now
Published by Global Banking and Finance Review
Posted on August 7, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 7, 2025
1 min readLast updated: January 22, 2026
Germany's VDA urges the EU and US to implement a trade deal to relieve 27.5% tariffs on automakers, stressing urgent action for transatlantic trade.
BERLIN (Reuters) -Germany's VDA auto association said on Thursday that the promised trade agreement between the EU and the United States needed to be implemented now so the industry could receive some relief.
Sectoral tariffs of 27.5% "remain in place and place a significant burden on German automakers and automotive suppliers, as well as on transatlantic trade," said VDA President Hildegard Mueller in a press release.
The EU Commission and German government must vigorously advocate for the U.S. to withdraw sectoral tariffs, she said.
A source familiar with the EU-U.S. negotiations had said on Wednesday that the EU will likely have to wait a few more days for an executive order by U.S. President Donald Trump.
(Writing by Miranda Murray; editing by Matthias Williams)
The VDA auto association stated that the EU-US trade agreement needs to be implemented immediately to alleviate burdens on the industry.
Sectoral tariffs of 27.5% are still in place, significantly impacting German automakers and transatlantic trade.
VDA President Hildegard Mueller emphasized that the EU Commission and the German government must advocate vigorously for the U.S. to withdraw these tariffs.
A source familiar with the negotiations indicated that the EU would likely have to wait a few more days for an executive order from U.S. President Donald Trump.
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