Headlines
European auto suppliers body calls for solutions, not tariffs
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
CLEPA urges Europe to prioritize solutions over tariffs after Trump's 25% tariff announcement on foreign vehicles, warning of economic disruption.
PARIS (Reuters) - The European association of automotive suppliers (CLEPA) on Thursday called on policymakers in Europe to prioritise finding solutions over trade barriers after U.S. President Donald Trump announced 25% tariffs on foreign-made vehicles.
"Tariffs of this scale will disrupt the flow of goods, raise production costs, and ultimately make cars more expensive for consumers, including in the United States," it said in a statement.
"It's a threat to the economic and industrial resilience of the western world," CLEPA added.
(Reporting by Gilles Guillaume; Writing by Gianluca Lo Nostro; Editing by Dominique Patton)
The article discusses CLEPA's call for solutions over tariffs on foreign-made vehicles announced by Trump.
The tariffs could disrupt goods flow, increase production costs, and raise car prices.
CLEPA is the European association of automotive suppliers advocating for free trade.
Explore more articles in the Headlines category
