The Galician automotive cluster, «concerned» by Trump’s 25% tariffs

The sector sees its exports threatened to the US and fears the fall of orders from car factories in Europe

It is estimated that production in the automotive sector in Europe could fall by between 10% and 20% due to the imposition of these tariffs.

In response to the announcement by the US administration to impose a 25% tariff on vehicles imported from the European Union, Faconauto expresses its concern about the impact this measure can have on the entire car value chain, including distribution and employment in Spain. The European automotive sector maintains a strong relationship... Faconauto’s entry expresses its concern about the imposition of 25% tariffs by the US on European vehicles …