US Edition10 Articles
10 Articles
The customs deal meets the German car companies in the middle of the conversion phase to e-mobility. If you don't have any plants in the USA, you are now hoping for special rules with the US government.
The customs agreement between the US and the EU shows that better is not equally good. The automotive industry must continue to expect losses. Also in Germany.
After the agreement with the USA, the German car industry is disillusioned. Industry experts even expect a certain shift of production to America. According to Stefan Bratzel, Trump could also help German manufacturers to achieve new strength.
Job losses and production shifts – for the German car industry, the trade agreement with the USA seems to only bring disadvantages. Auto expert Bratzel also sees opportunitiesNew cars from Europe are Donald Trump a particular thorn in the eye – in the perception of the US president, local manufacturers flood the US with their vehicles, while American car manufacturers in Europe do not get involved. This is supposed to change with the trade agree…
It is not only embarrassing: all Germans will probably feel this ‘deal' in the wallet in a timely manner. EU Commission President Ursula von der Leyen proves with the ‘compromise' in the customs dispute that she does not play in a league with US President Donald Trump. But why is this agreement so important? And how would Germany solve the problem in his favor [...] The post Bad Deal: Trump laughs, Germany pays first on COMPACT.
The deal between the EU and the US poses enormous challenges for the Volkswagen Group. Without a special agreement with the US government, billions of dollars will be lost. What this could mean for jobs in Germany.
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