Radio Schuman Trump tariffs to trigger EU-US 'tit for tat', says car lobby chief
Mar 28, 2025
Sigrid De Vries, Director General of the European Automobile Manufacturers Association, discusses the far-reaching effects of Trump's tariffs on imported cars. She highlights the urgent need for US-EU negotiations to prevent rising prices and inflation. The conversation covers potential retaliatory measures from Europe and emphasizes a shift towards a more assertive stance in global trade. De Vries also touches on the challenges the auto industry faces in decarbonization amid geopolitical tensions, showcasing the industry's evolving landscape.
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Impact of Tariffs
- Tariffs on imported cars and car parts will increase prices for US consumers, impacting the entire supply chain.
- This could lead to reduced exports, impacting European car manufacturers' revenue and employment.
Maintain Dialogue
- Europe and the US must keep communication channels open to find solutions.
- While retaliation is possible, a focus on dialogue and finding common ground is crucial.
Focus on Internal Strengths
- Besides focusing on others' actions, Europe should also enhance its own relationships with other willing partners worldwide.
- The EU should fortify its internal market, improve competitiveness, and create an environment that attracts investment.