Tag #Automobiles

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es.euronews.com

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Apr 15, 22:17

EU Renews Zero-Tariff Offer to US, Pending US Response

During a meeting in Washington on Monday, the EU renewed its proposal for reciprocal zero tariffs on industrial goods with the US, including cars, with the next step lying with the US; discussions also covered overcapacity in steel and aluminum, and supply chain issues in semiconductors and pharmace...

EU Renews Zero-Tariff Offer to US, Pending US Response

During a meeting in Washington on Monday, the EU renewed its proposal for reciprocal zero tariffs on industrial goods with the US, including cars, with the next step lying with the US; discussions also covered overcapacity in steel and aluminum, and supply chain issues in semiconductors and pharmace...

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What immediate impact will a US acceptance of the EU's zero-tariff offer have on transatlantic trade?

The EU reiterated its offer of zero tariffs on industrial goods, including cars, to the US during a meeting on Monday. The EU spokesperson stated that it is now up to the US to respond, suggesting a potential trade deal hinges on US reciprocation. Discussions also included overcapacity in steel and aluminum, as well as supply chain resilience in semiconductors and pharmaceuticals.

nrc.nl

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Apr 9, 19:19

US Auto Tariffs Trigger Immediate Global Supply Chain Disruptions

The US imposed import tariffs on automobiles, causing major automakers like Audi, Jaguar Land Rover, and Aston Martin to halt US exports and Stellantis to temporarily close plants, laying off 900 workers; container bookings to the US dropped 67 percent, indicating significant disruptions to global s...

US Auto Tariffs Trigger Immediate Global Supply Chain Disruptions

The US imposed import tariffs on automobiles, causing major automakers like Audi, Jaguar Land Rover, and Aston Martin to halt US exports and Stellantis to temporarily close plants, laying off 900 workers; container bookings to the US dropped 67 percent, indicating significant disruptions to global s...

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How do the imposed tariffs affect global supply chains and what are the potential broader implications for international trade?

The automotive sector's response to US tariffs serves as a microcosm of potential broader economic effects. Reduced exports and plant closures demonstrate the immediate consequences, while confusion over tariffs on auto parts further underscores the complexity and uncertainty. The resulting price increases could reach thousands of dollars per vehicle, depending on manufacturer pricing strategies.

kathimerini.gr

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Apr 7, 16:10

EU Divided on Response to US Tariffs

EU ministers are meeting in Luxembourg to coordinate their response to US tariffs on steel, aluminum, and automobiles, with divisions emerging between countries favoring immediate retaliation and those prioritizing negotiations. The Commission will announce initial retaliatory measures on April 15th...

EU Divided on Response to US Tariffs

EU ministers are meeting in Luxembourg to coordinate their response to US tariffs on steel, aluminum, and automobiles, with divisions emerging between countries favoring immediate retaliation and those prioritizing negotiations. The Commission will announce initial retaliatory measures on April 15th...

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How are internal disagreements within the EU shaping its response to the US tariffs?

The meeting highlights a division within the EU; France, Germany, and Belgium favor a strong, immediate response including countermeasures targeting US services, while Italy, Hungary, and Latvia prefer to avoid escalating the trade war. Spain advocates for both negotiations and the availability of all response options, including the EU's anti-coercion instrument. This division reflects differing economic interests and risk tolerances among member states.

dw.com

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Apr 3, 22:15

US Auto Tariffs to Harm Both Sides of the Atlantic: German Finance Minister

On April 2nd, German Finance Minister Jörg Kukies warned that President Trump's newly announced 25% tariffs on imported cars and light trucks will negatively impact both the US and Europe, disproportionately affecting the US due to higher car prices and advocating for a US-EU free trade area as a su...

US Auto Tariffs to Harm Both Sides of the Atlantic: German Finance Minister

On April 2nd, German Finance Minister Jörg Kukies warned that President Trump's newly announced 25% tariffs on imported cars and light trucks will negatively impact both the US and Europe, disproportionately affecting the US due to higher car prices and advocating for a US-EU free trade area as a su...

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How do the proposed US tariffs on automobiles create an imbalance in trade, and what alternative solutions, such as a free trade area, are proposed to address this?

Kukies highlighted that the tariffs disproportionately affect the US because German automakers produce more cars in US plants than import from Europe. He suggested that a free trade area between the EU and US, eliminating all tariffs, would be a better solution than negotiating tariff reductions.

zeit.de

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Mar 30, 07:13

Trump's Auto Tariffs Spark Price Concerns, Asian Trade Pact

President Trump's 25% tariffs on imported cars, effective April 3rd, are expected to raise prices for US consumers, prompting South Korea, China, and Japan to collaborate on a free trade agreement to mitigate the impact and counter potential global trade war.

Trump's Auto Tariffs Spark Price Concerns, Asian Trade Pact

President Trump's 25% tariffs on imported cars, effective April 3rd, are expected to raise prices for US consumers, prompting South Korea, China, and Japan to collaborate on a free trade agreement to mitigate the impact and counter potential global trade war.

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What are the long-term global implications of President Trump's tariffs and the potential for a resulting trade war?

In response to Trump's tariffs, South Korea, China, and Japan held their first economic dialogue in five years, agreeing to pursue a trilateral free trade agreement. This collaboration aims to mitigate the negative impacts of the tariffs and promote regional and global trade, indicating a potential shift in regional trade dynamics in response to US protectionist policies. Territorial disputes and concerns over Japan's wastewater management had previously hindered such an agreement.

fr.euronews.com

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Mar 28, 01:14

EU Awaits US Reciprocal Tariffs Before Deciding on Countermeasures

Following the announcement of new US tariffs on car imports, the European Commission awaits the implementation of reciprocal US tariffs before deciding on countermeasures, potentially including retaliatory tariffs on US services and the use of the EU's anti-coercion instrument.

EU Awaits US Reciprocal Tariffs Before Deciding on Countermeasures

Following the announcement of new US tariffs on car imports, the European Commission awaits the implementation of reciprocal US tariffs before deciding on countermeasures, potentially including retaliatory tariffs on US services and the use of the EU's anti-coercion instrument.

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What immediate actions will the European Union take in response to the announced US tariffs on imported cars?

The European Commission is awaiting the implementation of reciprocal US tariffs on cars, scheduled for April 2nd, before deciding on countermeasures. A spokesperson stated that if necessary, the EU will respond firmly and proportionally to the US's actions. The US tariffs on steel and aluminum are already in effect.

dw.com

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Apr 15, 13:16

Trump Reconsiders Auto Tariffs, Threatens Pharmaceutical Tariffs

President Trump is considering temporary exemptions from auto tariffs to allow automakers time to reshore production, while simultaneously threatening similar tariffs on pharmaceutical products to encourage domestic manufacturing; details on timing and scope remain unclear.

Trump Reconsiders Auto Tariffs, Threatens Pharmaceutical Tariffs

President Trump is considering temporary exemptions from auto tariffs to allow automakers time to reshore production, while simultaneously threatening similar tariffs on pharmaceutical products to encourage domestic manufacturing; details on timing and scope remain unclear.

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What are the immediate economic consequences of President Trump's decision to potentially exempt automakers from tariffs, and how does this impact global trade?

Following a weekend announcement of tariff exemptions for electronics like smartphones and laptops, President Trump is now reconsidering auto tariffs. He hinted at temporary exemptions for automakers, acknowledging their need for time to adjust supply chains. No details on specifics or duration were provided.

lexpress.fr

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Apr 9, 01:17

Canada Imposes Retaliatory Tax on US Vehicles in Trade Dispute

Canada imposed a retaliatory tax on US vehicles not complying with the USMCA trade agreement, effective Wednesday, targeting approximately 67,000 vehicles valued at \$23 billion EUR, in response to similar US tariffs.

Canada Imposes Retaliatory Tax on US Vehicles in Trade Dispute

Canada imposed a retaliatory tax on US vehicles not complying with the USMCA trade agreement, effective Wednesday, targeting approximately 67,000 vehicles valued at \$23 billion EUR, in response to similar US tariffs.

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What are the underlying causes of the trade dispute between the US and Canada, and how does the USMCA factor into the current situation?

This tit-for-tat escalation stems from the US imposing taxes on Canadian vehicles. Canada's counter-measure, affecting \$23 billion EUR worth of US vehicle imports, targets vehicles violating the USMCA, highlighting trade tensions between the two countries. This action follows previous retaliatory tariffs from both sides on steel, aluminum, and consumer goods, further intensifying the trade dispute.

zeit.de

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Apr 4, 07:15

US Tariffs on EU Cars: Product, Not Trade, is the Real Issue

US President Trump imposed 25% tariffs on imported cars from the EU starting Thursday, claiming unfair trade practices; however, experts argue that the real issue is the lack of European-suitable US car models, not trade barriers.

US Tariffs on EU Cars: Product, Not Trade, is the Real Issue

US President Trump imposed 25% tariffs on imported cars from the EU starting Thursday, claiming unfair trade practices; however, experts argue that the real issue is the lack of European-suitable US car models, not trade barriers.

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What are the primary reasons for the limited success of US automakers in the European market?

US President Trump imposed 25% tariffs on imported cars, citing unfair European trade practices. However, experts like Stefan Bratzel contend that the poor performance of US automakers in Europe stems from their failure to meet consumer preferences, not trade barriers. Tesla is noted as an exception, though it recently experienced a 13% sales drop.

elmundo.es

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Apr 1, 04:12

EU Prepares Retaliatory Tariffs Against US

The European Union is preparing a retaliatory response to US President Donald Trump's 25% tariffs on non-US-made vehicles, scheduled to begin April 2nd, with an initial estimate of €26 billion in countermeasures, primarily targeting key US sectors to minimize European impact while maximizing damage ...

EU Prepares Retaliatory Tariffs Against US

The European Union is preparing a retaliatory response to US President Donald Trump's 25% tariffs on non-US-made vehicles, scheduled to begin April 2nd, with an initial estimate of €26 billion in countermeasures, primarily targeting key US sectors to minimize European impact while maximizing damage ...

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What are the key sectors targeted by both the US and EU tariffs, and what are the strategic implications of this targeting?

The EU's measured response reflects a strategy of assessing Trump's full actions before retaliating. This approach aims for a strong countermeasure focused on key US sectors—pharmaceuticals, semiconductors, metals, wood, and automobiles—while minimizing harm to European industries. The EU's response is expected around mid-April.

taz.de

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Mar 28, 01:14

Trump Imposes Auto Tariffs on EU; Delayed Response Highlights Trade Vulnerability

President Trump imposed a 25% tariff on all European auto imports, prompting a cautious response from the EU, which delayed retaliatory measures until April 2nd, highlighting the bloc's dependence on the US auto market while weighing the risks and benefits of different retaliatory options.

Trump Imposes Auto Tariffs on EU; Delayed Response Highlights Trade Vulnerability

President Trump imposed a 25% tariff on all European auto imports, prompting a cautious response from the EU, which delayed retaliatory measures until April 2nd, highlighting the bloc's dependence on the US auto market while weighing the risks and benefits of different retaliatory options.

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Why has the EU delayed retaliatory measures against the US tariffs, and what are the potential risks and benefits of this strategy?

The EU's delayed response highlights its vulnerability to US trade pressure. Despite a trade surplus in services, the EU hesitates to retaliate by targeting US digital giants with a digital tax. This inaction underscores the EU's strategic challenges in navigating trade relations with the US.

tr.euronews.com

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Mar 28, 01:14

EU Awaits US Car Tariffs Before Deciding on Countermeasures

Following the announcement of new US tariffs on imported cars, the EU will wait for their implementation before deciding on countermeasures, which may include targeting services and using anti-coercion instruments.

EU Awaits US Car Tariffs Before Deciding on Countermeasures

Following the announcement of new US tariffs on imported cars, the EU will wait for their implementation before deciding on countermeasures, which may include targeting services and using anti-coercion instruments.

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What is the immediate impact of the US's new car tariffs on the EU, and what is the EU's initial response?

The US will impose 25% tariffs on imported cars from April 2nd, prompting the EU to await the tariffs' implementation before deciding on countermeasures. The EU's response will be "robust, proportionate, and well-targeted", according to a Commission spokesperson. This follows earlier US tariffs on steel and aluminum.

Showing 25 to 36 of 66 results