Exports of German cars to the United States could take a hit of up to 30% as a result of the blanket tariffs announced by President Donald Trump, according to an analyst. It’s another blow to Europe’s beleaguered auto industry, which has been struggling with a weak domestic market and competition from cheaper Chinese electric vehicles.
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Analyst explains how newly-announced US tariffs will affect German automakers

Exports of German cars to the United States could take a hit of up to 30% as a result of the blanket tariffs announced by President Donald Trump, according to an analyst. It’s another blow to Europe’s beleaguered auto industry, which has been struggling with a weak domestic market and competition from cheaper Chinese electric vehicles.
 
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